The Composite Stock Price Index (JCI) today, on Monday (18/1), is expected to move lower.

"The JCI today (18/1) based on the MACD indicator still shows a positive signal. Even so, the stochastic and RSI indicators have shown overbought or overbought conditions," said Binaartha Sekuritas analyst Nafan Aji in a research report.

There is a downward bar pattern that indicates a potential for further correction on the JCI movement today (18/1) so that it has the opportunity to go to the nearest support.

According to Nafan, today's JCI movement (18/1), based on the Fibonacci ratio, will be at support and resistance at 6,325.75 to 6,406.44.

Stocks that can be considered by investors for trading today; PT Adaro Energy Tbk (ADRO), PT Bank Central Asia Tbk (BBCA), PT Bekasi Fajar Industrial Estate Tbk (BEST), PT Bank Mandiri Tbk (BMRI), PT Bumi Serpong Damai Tbk (BSDE), PT Dharma Satya Nusantara Tbk (DSNG).