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Stock Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

Indonesia Energy Corporation Limited Ordinary Shares (AMEX:INDO)

Crossroads (-60) - INDO is struggling to move into a solid trend. Beware of choppy markets 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
2.980 3.100 2.890 3.015 +0.075
Entry Signal

MarketClub’s Trade Triangles for INDO

long term up The long-term trend has been UP since Aug 12th, 2024 at 4.64

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 3.78

short term down The short-term trend has been DOWN since Nov 25th, 2024 at 3.15

Smart Scan Analysis for INDO

Based on our trend formula, INDO is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for INDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.980 3.100 2.890 3.015 +0.075
Prev. Close Volume Bid Ask Time
3.030 454619 2024-12-03 15:59:20
52wk High6.6552wk High Date2024-04-15
52wk Low2.0352wk Low Date2024-03-12
Average Volume635,978Shares Outstanding7,408
Assets17,724,681MLiabilities3,034,813M
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