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Stock Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Indonesia Energy Corporation Limited (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
7.9300 8.1000 7.6905 7.7000 -0.3000
Entry Signal

MarketClub’s Trade Triangles for INDO

long term up The long-term trend has been UP since Dec 30th, 2020 at 6.1279

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2020 at 4.7500

short term down The short-term trend has been DOWN since Mar 5th, 2021 at 8.0001

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
7.9300 8.1000 7.6905 7.7000 -0.3000
Prev. Close Volume Bid Ask Time
8.0000 25221 2021-03-08 15:52:27
52wk High11.8752wk High Date2020-12-30
52wk Low1.5552wk Low Date2020-03-20
Average Volume112,214Shares Outstanding7,364
Assets21,155,337MLiabilities4,961,412M
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