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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.

AMEX_INDO
Open High Low INDO Price Change
2.8400 2.9399 2.8132 2.8850 +0.0150
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 up 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).

+75
Smart Scan Analysis for INDO
Strong Downtrend Sideways 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 High6.6552wk High Date2024-04-15
52wk Low2.0352wk Low Date2024-03-12
Average Volume370,736Shares Outstanding7,408
Assets17,724,681MLiabilities3,034,813M
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