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Stock Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

Independence Contract Drilling, Inc. (NYSE:ICD)

Bull Market Weakness (+75) - ICD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ICD as it may be in the beginning stages of a reversal.

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
3.89 4.25 3.83 4.20 +0.38
Entry Signal

MarketClub’s Trade Triangles for ICD

long term down The long-term trend has been DOWN since Dec 15th, 2021 at 2.5500

intermediate term up The intermediate-term trend has been UP since Jan 3rd, 2022 at 3.2200

short term up The short-term trend has been UP since Dec 22nd, 2021 at 2.7963

Smart Scan Analysis for ICD

Based on our trend formula, ICD is rated as a +70 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
3.89 4.25 3.83 4.20 +0.38
Prev. Close Volume Bid Ask Time
4.22 196230 2022-01-14 15:59:54
Year High5.48Year High Date2018-01-22
Year Low3.05Year Low Date2018-11-20
52wk High7.9752wk High Date2021-02-22
52wk Low2.4252wk Low Date2021-12-20
Average Volume126,934Shares Outstanding9,563
Market Cap114MAssets392,669,000M
Liabilities173,577,000MP/E Ratio-0.227
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