INDONESIA ENERGY CORP LTD (INDO) Stock Technical Analysis
NYSEARCA:INDO - NYSE Arca - KYG4760X1025 - Common Stock - Currency: USD
Taking everything into account, INDO scores 1 out of 10 in our technical rating. INDO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
INDO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month INDO has a been trading in the 2.58 - 3.75 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, INDO turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
INDO is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, INDO did better than 66% of them.
Considerably lower volume is observed in the last couple of days.
INDO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INDO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.11
4.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.67 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.62 from a horizontal line in the daily time frame.
- Support @2.13 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.85 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.97 to 2.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.07 from a trend line in the daily time frame.
- Resistance @3.40 from a horizontal line in the daily time frame.
- Resistance @4.63 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.03
Mansfield-1.82
10 Day High3.04
10 Day Low2.66
20 Day High3.75
20 Day Low2.58
52 Week High6.65
52 Week Low2.03
Performance
1 Week-1.07%
2 Weeks0.72%
1 Month-14.72%
3 Month2.96%
6 Month-13.66%
12 Month6.81%
2 Year-50.53%
3 Year-79.41%
5 Year-47.55%
10 YearN/A
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)46.09
LBB2.6
UBB2.96
INDONESIA ENERGY CORP LTD
NYSEARCA:INDO (2/11/2025, 8:04:00 PM)
After market: 2.79 +0.01 (+0.36%)2.78
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week-1.07%
2 Weeks0.72%
1 Month-14.72%
3 Month2.96%
6 Month-13.66%
12 Month6.81%
2 Year-50.53%
3 Year-79.41%
5 Year-47.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%8%
ATR Inc-49.01%
Range Today0.12
ADR(20)0.21
ADR(20)%7.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.03
Mansfield-1.82
10 Day High3.04
10 Day Low2.66
20 Day High3.75
20 Day Low2.58
52 Week High6.65
52 Week Low2.03
CS1 End2.7
CR1 Start2.85
Volume & EV
DER(3)4.94%
DER(5)0.24%
Volume216.80K
Volume Incr-82.7%
Vol(5)185.20K
Vol(50)668.83K