JAKARTA – Technical analysis from PT Ina Sekuritas Indonesia, Monday (2/6), gives insight on the stock trend of PT Bank Syariah Indonesia Tbk (BRIS).

Several market sentiments are poised to drive BRIS shares upward, including BRIS's profit that reportedly grew 6.4% year-on-year (yoy) until April (4M) 2025.

In addition, an accumulation of 3.3 million BRIS shares by Vanguard has brought its stakes to 0.35% as of 29 May, 2025.

These sentiments may provide potential for further strengthening of BRIS shares.

In terms of stock technical, BRIS is currently within a short-term bullish trend, with resistance set at IDR 3,000 per share.

The established bullish crossover pattern on stochastic indicators is also seen allowing further gains to IDR 3,070 per share, or may drop to support level of IDR 2,890.

BRIS is known as a national sharia banking, and currently is the largest sharia bank in Indonesia.

Further technical analysis of BRIS may be seen in following video. (DK/ZH/VA)

Chart: Bloomberg