Stock Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
INDOCAN RESOURCES INC (NASDAQ:IDCN)
Bull Market Weakness (+75) - IDCN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDCN as it may be in the beginning stages of a reversal.
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 Feb 1st, 2021 at 0.0002
The intermediate-term trend has been UP since Jul 14th, 2020 at 0.0002
The short-term trend has been DOWN since Feb 26th, 2021 at 0.0006
Smart Scan Analysis for IDCN
Based on our trend formula, IDCN is rated as a +75 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||0.002||52wk High Date||2021-02-17|
|52wk Low||0.000001||52wk Low Date||2020-12-24|