INDONESIA ENERGY CORP LTD (INDO) Stock Technical Analysis
NYSEARCA:INDO - NYSE Arca - KYG4760X1025 - Common Stock - Currency: USD
Taking everything into account, INDO scores 0 out of 10 in our technical rating. INDO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, INDO is a bad performer in the overall market: 84% of all stocks are doing better.
INDO is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, of which 65% are performing better than INDO.
INDO is currently trading near the lower end of its 52 week range, which is not a good sign. INDO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month INDO has a been trading in the 2.10 - 2.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, INDO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
2.08
4.58
We found 3 important support areas.
- A support zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.31 to 2.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.10 to 2.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.55 to 2.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.91 from a horizontal line in the daily time frame.
- Resistance @3.40 from a horizontal line in the daily time frame.
- Resistance @4.53 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
CRS16.54
Mansfield-2.02
10 Day High2.49
10 Day Low2.21
20 Day High2.85
20 Day Low2.1
52 Week High5.88
52 Week Low2.06
Performance
1 Week2.19%
2 Weeks4.48%
1 Month-17.38%
3 Month-13.06%
6 Month-44.52%
12 Month-44.66%
2 Year-51.26%
3 Year-87.23%
5 Year-39.94%
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)0.02
RSI(14)45.2
LBB2.17
UBB2.41
NYSEARCA:INDO (5/1/2025, 2:53:12 PM)
2.44
+0.11 (+4.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.72%
1 Week2.19%
2 Weeks4.48%
1 Month-17.38%
3 Month-13.06%
6 Month-44.52%
12 Month-44.66%
2 Year-51.26%
3 Year-87.23%
5 Year-39.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%7.04%
ATR Inc-22.3%
Range Today0.3
ADR(20)0.15
ADR(20)%6.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.54
Mansfield-2.02
10 Day High2.49
10 Day Low2.21
20 Day High2.85
20 Day Low2.1
52 Week High5.88
52 Week Low2.06
CS1 End2.12
CR1 Start2.33
Volume & EV
DER(3)-7.58%
DER(5)0.88%
Volume294.50K
Volume Incr-53.34%
Vol(5)89.36K
Vol(50)170.29K