Stock Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Independence Contract Drilling, Inc (NYSE:ICD)
Weak Downtrend (-65) - ICD is showing signs of a strengthening downtrend. Monitor ICD as it may be building momentum to the downside.
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 Mar 12th, 2020 at 1.21
The intermediate-term trend has been DOWN since May 11th, 2020 at 6.00
The short-term trend has been DOWN since May 22nd, 2020 at 6.23
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).
|Year High||5.48||Year High Date||2018-01-22|
|Year Low||3.05||Year Low Date||2018-11-20|
|52wk High||64.4||52wk High Date||2019-04-24|
|52wk Low||1.08||52wk Low Date||2020-03-13|
|Average Volume||92,454||Shares Outstanding||3,812|