Stock Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Independence Contract Drilling, Inc (NYSE:ICD)
Countertrend Down (-85) - ICD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ICD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ICD
The long-term trend has been DOWN since Nov 12th, 2018 at 3.5300
The intermediate-term trend has been DOWN since Jan 15th, 2020 at 0.8800
The short-term trend has been UP since Feb 14th, 2020 at 0.6191
Smart Scan Analysis for ICD
Based on our trend formula, ICD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||5.48||Year High Date||2018-01-22|
|Year Low||3.05||Year Low Date||2018-11-20|
|52wk High||3.67||52wk High Date||2019-03-01|
|52wk Low||0.66||52wk Low Date||2019-12-06|
|Average Volume||220,927||Shares Outstanding||76,281|