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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Independence Gold Corp (CDNX:IGO)

Sidelines Mode (-55) - IGO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IGO?

MarketClub looks at technical strength and momentum to determine if the timing is right for IGO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CDNX_IGO
Open High Low IGO Price Change
0.195 0.200 0.195 0.195 0.000
Entry Signal

MarketClub’s Trade Triangles for IGO

long term up The long-term trend has been UP since Aug 9th, 2023 at 0.160

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 0.205

short term up The short-term trend has been UP since May 6th, 2024 at 0.205

Smart Scan Analysis for IGO

Based on our trend formula, IGO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for IGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.195 0.200 0.195 0.195 0.000
Prev. Close Volume Bid Ask Time
0.195 54000 2024-05-08 15:52:49
Year High0.14Year High Date2018-03-05
Year Low0.04Year Low Date2018-11-05
52wk High0.1452wk High Date2018-03-05
52wk Low0.0452wk Low Date2018-11-05
Year End Close0.215Average Volume32,393
Volatility159.32
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