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Stock Trend Analysis Report

Prepared for you on Tuesday, December 7, 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
3.12 3.23 3.08 3.18 +0.16
Entry Signal

MarketClub’s Trade Triangles for ICD

long term up The long-term trend has been UP since Oct 14th, 2021 at 4.63

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2021 at 3.66

short term up The short-term trend has been UP since Dec 7th, 2021 at 3.09

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
3.12 3.23 3.08 3.18 +0.16
Prev. Close Volume Bid Ask Time
3.02 111547 2021-12-07 15:59:58
Year High5.48Year High Date2018-01-22
Year Low3.05Year Low Date2018-11-20
52wk High7.9752wk High Date2021-02-22
52wk Low2.5252wk Low Date2021-08-20
Average Volume147,469Shares Outstanding9,563
Market Cap114MAssets392,669,000M
Liabilities173,577,000MP/E Ratio-0.227
Volatility66.68
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