Stock Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Indocan Resources Inc (NASDAQ:IDCN)
Countertrend Up (+85) - IDCN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid IDCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDCN
The long-term trend has been UP since Mar 23rd, 2020 at 0.0002
The intermediate-term trend has been UP since Jan 14th, 2020 at 0.0001
The short-term trend has been DOWN since May 19th, 2020 at 0.0003
Smart Scan Analysis for IDCN
Based on our trend formula, IDCN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0005||Year High Date||2018-11-07|
|Year Low||0.000001||Year Low Date||2018-01-18|
|52wk High||0.0005||52wk High Date||2019-04-05|
|52wk Low||0.000001||52wk Low Date||2020-01-17|