INDEPENDENCE CONTRACT DRILLI (ICD)

US4534156066 - Common Stock

0.5858  -0.06 (-9.88%)

After market: 0.555 -0.03 (-5.26%)

Technical Rating and Analysis

0

Overall ICD gets a technical rating of 0 out of 10. ICD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ICD is a bad performer in the overall market: 99% of all stocks are doing better.
ICD is one of the lesser performing stocks in the Energy Equipment & Services industry. 96% of 59 stocks in the same industry do better.
ICD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ICD has a been trading in the 0.50 - 1.43 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
ICD Weekly chart
ICD Daily chart
Setup Rating and Analysis

4

ICD has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.58

1.43

When analyzing the resistance we notice one important area.

  • Resistance @1.42 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.78
Mansfield-7.43
10 Day High0.8
10 Day Low0.58
20 Day High1.43
20 Day Low0.5
52 Week High3.24
52 Week Low0.5
Performance
1 Week-19.75%
2 Weeks-3.97%
1 Month-58.75%
3 Month-59.6%
6 Month-67.64%
12 Month-81.4%
2 Year-81.69%
3 Year-81.28%
5 Year-97.21%
10 Year-99.75%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)30.3
LBB0.52
UBB0.76
ICD Daily chart

INDEPENDENCE CONTRACT DRILLI

NYSE:ICD (8/28/2024, 8:04:00 PM)

After market: 0.555 -0.03 (-5.26%)

0.5858

-0.06 (-9.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-9.88%
1 Week-19.75%
2 Weeks-3.97%
1 Month-58.75%
3 Month-59.6%
6 Month-67.64%
12 Month-81.4%
2 Year-81.69%
3 Year-81.28%
5 Year-97.21%
10 Year-99.75%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%20.71%
ATR Inc-60.8%
Range Today0.07
ADR(20)0.11
ADR(20)%19.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.78
Mansfield-7.43
10 Day High0.8
10 Day Low0.58
20 Day High1.43
20 Day Low0.5
52 Week High3.24
52 Week Low0.5
CS1 EndN/A
CR1 Start1.42
Volume & EV
DER(3)-2.77%
DER(5)-6.07%
Volume317.40K
Volume Incr17.92%
Vol(5)120.04K
Vol(50)76.65K