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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for ICD
The long-term trend has been DOWN since Nov 1st, 2023 at 2.6500
The intermediate-term trend has been UP since Jul 16th, 2024 at 1.4276
The short-term trend has been DOWN since Jul 25th, 2024 at 1.3606
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3500 | 1.4299 | 1.3500 | 1.4220 | +0.0620 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3600 | 31830 | 2024-07-26 15:58:31 |
| Year High | 5.48 | Year High Date | 2018-01-22 |
| Year Low | 3.05 | Year Low Date | 2018-11-20 |
| 52wk High | 3.45 | 52wk High Date | 2023-08-21 |
| 52wk Low | 1.06 | 52wk Low Date | 2024-07-09 |
| Average Volume | 52,951 | Shares Outstanding | 15,213 |
| Market Cap | 114M | Assets | 384,770,000M |
| Liabilities | 211,323,000M | P/E Ratio | -0.22700000 |
| Volatility | 66.68 |