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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Independence Contract Drilling, Inc. (NYSE:ICD)
Strong Downtrend (-100) - ICD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ICD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ICD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ICD
The long-term trend has been DOWN since Nov 1st, 2023 at 2.65
The intermediate-term trend has been DOWN since May 1st, 2024 at 1.83
The short-term trend has been DOWN since Apr 24th, 2024 at 1.90
Smart Scan Analysis for ICD
Based on our trend formula, ICD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.71 | 1.73 | 1.69 | 1.69 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.69 | 13093 | 2024-05-08 15:56:24 |
| Year High | 5.48 | Year High Date | 2018-01-22 |
| Year Low | 3.05 | Year Low Date | 2018-11-20 |
| 52wk High | 3.45 | 52wk High Date | 2023-08-21 |
| 52wk Low | 1.61 | 52wk Low Date | 2024-03-11 |
| Average Volume | 44,495 | Shares Outstanding | 15,267 |
| Market Cap | 114M | Assets | 384,770,000M |
| Liabilities | 211,323,000M | P/E Ratio | -0.22700000 |
| Volatility | 66.68 |