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Stock Trend Analysis Report

Prepared for you on Sunday, January 29, 2023.

Indonesia Energy Corporation Limited Ordinary Shares (AMEX:INDO)

Sidelines Mode (-55) - INDO 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 INDO?

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

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

AMEX_INDO
Open High Low INDO Price Change
6.08 6.12 5.95 5.98 +0.02
Entry Signal

MarketClub’s Trade Triangles for INDO

long term down The long-term trend has been DOWN since Jun 9th, 2022 at 10.82

intermediate term up The intermediate-term trend has been UP since Jan 9th, 2023 at 5.25

short term down The short-term trend has been DOWN since Jan 25th, 2023 at 5.96

Smart Scan Analysis for INDO

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

-55
Smart Scan Analysis for INDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.08 6.12 5.95 5.98 +0.02
Prev. Close Volume Bid Ask Time
5.96 71925 2023-01-27 15:59:46
52wk High86.992252wk High Date2022-03-07
52wk Low2.9352wk Low Date2022-01-27
Average Volume225,958Shares Outstanding7,408
Assets15,575,808MLiabilities3,217,749M
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