INDONESIA ENERGY CORP LTD (INDO)
KYG4760X1025 - Common Stock
We assign a technical rating of 3 out of 10 to INDO. INDO has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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.
INDO has an average volume of 4713720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, INDO outperforms 54% of them, which is more or less in line with the market.
INDO is part of the Oil, Gas & Consumable Fuels industry. There are 204 other stocks in this industry, INDO did better than 59% of them.
In the last month INDO has a been trading in the 2.70 - 4.55 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.
INDO has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
2.09
4.87
3 important support areas can be observed.
- Support @2.75 from a trend line in the daily time frame.
- Support @2.59 from a trend line in the daily time frame.
- A support zone ranging from 2.11 to 2.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @3.41 from a horizontal line in the daily time frame.
- Resistance @3.96 from a trend line in the daily time frame.
- Resistance @4.69 from a trend line in the weekly time frame.
- Resistance @4.82 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.8
Mansfield-0.43
10 Day High3.49
10 Day Low2.7
20 Day High4.55
20 Day Low2.7
52 Week High6.65
52 Week Low2.03
Performance
1 Week22.22%
2 Weeks-9.09%
1 Month-28.73%
3 Month5.77%
6 Month10.37%
12 Month11.49%
2 Year-46.69%
3 Year1.54%
5 YearN/A
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)-0.03
RSI(14)45.78
LBB2.58
UBB4.11
INDONESIA ENERGY CORP LTD
NYSEARCA:INDO (11/22/2024, 8:04:00 PM)
After market: 3.39 +0.09 (+2.73%)3.3
+0.07 (+2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.17%
1 Week22.22%
2 Weeks-9.09%
1 Month-28.73%
3 Month5.77%
6 Month10.37%
12 Month11.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%11.73%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.49
10 Day Low2.7
20 Day High4.55
20 Day Low2.7
52 Week High6.65
52 Week Low2.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume332.10K
Volume Incr-33.64%
Vol(5)718.13K
Vol(50)4.71M