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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Indonesia Energy Corporation Limited Ordinary Shares (AMEX:INDO)
Bull Market Weakness (+75) - INDO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INDO as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for INDO
The long-term trend has been UP since Aug 12th, 2024 at 4.64
The intermediate-term trend has been DOWN since Oct 28th, 2024 at 3.78
The short-term trend has been UP since Dec 20th, 2024 at 2.79
Smart Scan Analysis for INDO
Based on our trend formula, INDO is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.8400 | 2.9399 | 2.8132 | 2.8850 | +0.0150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9100 | 133672 | 2024-12-24 12:59:46 |
| 52wk High | 6.65 | 52wk High Date | 2024-04-15 |
| 52wk Low | 2.03 | 52wk Low Date | 2024-03-12 |
| Average Volume | 370,736 | Shares Outstanding | 7,408 |
| Assets | 17,724,681M | Liabilities | 3,034,813M |