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Stock Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

Independence Contract Drilling, Inc (NYSE:ICD)

Sidelines Mode (+55) - ICD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NYSE_ICD
Open High Low ICD Price Change
3.1800 3.3200 3.1100 3.1654 +0.0454
Entry Signal

MarketClub’s Trade Triangles for ICD

long term up The long-term trend has been UP since Dec 2nd, 2020 at 3.95

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2021 at 3.98

short term down The short-term trend has been DOWN since May 11th, 2021 at 3.24

Smart Scan Analysis for ICD

Based on our trend formula, ICD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ICD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1800 3.3200 3.1100 3.1654 +0.0454
Prev. Close Volume Bid Ask Time
3.1500 80148 2021-05-14 15:57:43
Year High5.48Year High Date2018-01-22
Year Low3.05Year Low Date2018-11-20
52wk High9.2452wk High Date2020-06-08
52wk Low2.1252wk Low Date2020-09-11
Average Volume162,178Shares Outstanding6,518
Market Cap114MAssets398,298,000M
Liabilities165,452,000MP/E Ratio-0.227
Volatility66.68
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