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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.

Open High Low ICD Price Change
0.4680 0.4900 0.4200 0.4204 -0.0476
Entry Signal

MarketClub’s Trade Triangles for ICD

long term down The long-term trend has been DOWN since Nov 12th, 2018 at 3.5300

intermediate term down The intermediate-term trend has been DOWN since Jan 15th, 2020 at 0.8800

short term up 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).

Smart Scan Analysis for ICD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4680 0.4900 0.4200 0.4204 -0.0476
Prev. Close Volume Bid Ask Time
0.9427 390262 2020-02-26 15:59:50
Year High5.48Year High Date2018-01-22
Year Low3.05Year Low Date2018-11-20
52wk High3.6752wk High Date2019-03-01
52wk Low0.6652wk Low Date2019-12-06
Average Volume220,927Shares Outstanding76,281
Market Cap114MAssets538,545,000M
Liabilities171,910,000MP/E Ratio-2.7
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