GGG:
Current live price is 84.92, with no percentage change available from the previous price.
Support and Resistance Levels
The pivot point is 84.92, with support levels at 84.92 and resistance levels at 84.92.
Indicators
RSI is at 37.33, indicating a bearish trend as it is falling. ATR is at 0.08212. ADX is at 32.90, showing a strong trend. The 50-day SMA is 85.2341, while the 200-day EMA is 86.4576. The Parabolic SAR is currently at 86.01973.
Market Sentiment
As the price is below the pivot point of 84.92, the market is bearish, supported by falling RSI and SAR indicators.
GGG Signals & Technical Analysis
Last Updated: <% indicators.interval.updated|date:'MMM d, y h:mm:ss a' %>
Gudang Garam Tbk PT, symbolized as GGG on the XSTU exchange, is a leading player in the global tobacco industry, founded in 1958 in Indonesia. Over the decades, Gudang Garam has established itself as a premier manufacturer of clove cigarettes, also known as kretek, which have gained immense popularity both domestically and internationally. The company has cultivated a strong brand presence, specializing in high-quality products that resonate with consumers' preferences.
Market Position
As one of the largest tobacco companies in Indonesia, Gudang Garam holds a significant share of the market. The company operates in a highly competitive landscape, yet it has successfully differentiated itself through a commitment to innovation, quality, and sustainability. Gudang Garam's extensive distribution network and strategic partnerships enhance its market penetration, allowing it to reach a diverse customer base. With a focus on product diversification, the company continually evolves its offerings, catering to the changing tastes and preferences of consumers while maintaining its heritage and core values.
Key Financial Highlights
Gudang Garam Tbk PT has demonstrated robust financial performance over the years, underpinned by strong sales growth and effective cost management strategies. The company reported impressive revenue figures, driven by its established product lines and expansion into new markets. In recent financial statements, Gudang Garam has showcased a healthy operating margin, indicating its operational efficiency and resilience against market fluctuations. The company continues to invest in modernizing its production facilities and enhancing its supply chain, further solidifying its competitive advantage in the industry.
Industry Highlights
The tobacco industry is facing evolving regulatory landscapes and growing health concerns. However, Gudang Garam remains agile in adapting to these challenges by investing in alternative products and sustainable practices. The company's commitment to Corporate Social Responsibility (CSR) initiatives aligns with global trends, addressing environmental impacts while promoting community engagement. By leveraging its strong market position and financial stability, Gudang Garam Tbk PT is poised for continued growth and success in the ever-changing tobacco market.