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Stock Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Indonesia Energy Corporation Limited Ordinary Shares (AMEX:INDO)

Long-Term Downtrend (-90) - INDO is in a strong downtrend that is likely to continue. While INDO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
4.31 4.25 4.06 4.23 -0.02
Entry Signal

MarketClub’s Trade Triangles for INDO

long term down The long-term trend has been DOWN since Apr 21st, 2021 at 5.4100

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2021 at 4.1287

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 4.2600

Smart Scan Analysis for INDO

Based on our trend formula, INDO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for INDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.31 4.25 4.06 4.23 -0.02
Prev. Close Volume Bid Ask Time
4.23 12536 2021-10-22 15:48:54
52wk High11.8752wk High Date2020-12-30
52wk Low3.255952wk Low Date2020-12-22
Average Volume43,959Shares Outstanding7,408
Assets15,575,808MLiabilities3,217,749M
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