Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Independence Contract Drilling, Inc. (NYSE:ICD)
Long-Term Uptrend (+90) - ICD is in a strong uptrend that is likely to continue. While ICD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Oct 14th, 2021 at 4.630
The intermediate-term trend has been UP since Sep 27th, 2021 at 3.095
The short-term trend has been UP since Oct 14th, 2021 at 4.470
Smart Scan Analysis for ICD
Based on our trend formula, ICD is rated as a +90 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||7.97||52wk High Date||2021-02-22|
|52wk Low||2.23||52wk Low Date||2020-10-29|
|Average Volume||496,345||Shares Outstanding||7,244|