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Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
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 UP since Aug 21st, 2023 at 3.2800
The intermediate-term trend has been UP since Jul 11th, 2023 at 2.7800
The short-term trend has been DOWN since Sep 18th, 2023 at 3.0201
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 |
|---|---|---|---|---|
| 2.94 | 2.95 | 2.87 | 2.87 | -0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.87 | 52883 | 2023-09-21 15:59:12 |
| Year High | 5.48 | Year High Date | 2018-01-22 |
| Year Low | 3.05 | Year Low Date | 2018-11-20 |
| 52wk High | 5.25 | 52wk High Date | 2023-01-20 |
| 52wk Low | 2.49 | 52wk Low Date | 2023-06-23 |
| Average Volume | 63,929 | Shares Outstanding | 14,085 |
| Market Cap | 114M | Assets | 420,236,000M |
| Liabilities | 207,467,000M | P/E Ratio | -0.22700000 |
| Volatility | 66.68 |