Stock Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Indonesia Energy Corporation Limited (AMEX:INDO)
Weak Downtrend (-65) - INDO is showing signs of a strengthening downtrend. Monitor INDO as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for INDO
The long-term trend has been DOWN since Dec 23rd, 2019 at 9.2500
The intermediate-term trend has been UP since May 1st, 2020 at 4.1499
The short-term trend has been DOWN since May 6th, 2020 at 4.1000
Smart Scan Analysis for INDO
Based on our trend formula, INDO is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.49||52wk High Date||2019-12-20|
|52wk Low||1.55||52wk Low Date||2020-03-20|