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The IDX Composite (formerly: JSX Composite, Indonesian: Indeks Harga Saham Gabungan, lit. ' Combined Stock Prices Index ' , IHSG ) is an index of all stocks listed on the Indonesia Stock Exchange , IDX (formerly known as Jakarta Stock Exchange , JSX).
In technical analysis in finance, a technical indicator is a mathematical calculation based on historic price, volume, or (in the case of futures contracts) open interest information that aims to forecast financial market direction. [1]