Stock Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
INDOCAN RESOURCES INC (NASDAQ:IDCN)
Crossroads (-60) - IDCN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Apr 28th, 2021 at 0.0002
The short-term trend has been DOWN since Apr 28th, 2021 at 0.0002
Smart Scan Analysis for IDCN
Based on our trend formula, IDCN is rated as a -60 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|