Technical Analysis for ICD - Independence Contract Drilling, Inc.

Grade Last Price % Change Price Change
F 1.66 -1.78% -0.03
ICD closed down 1.78 percent on Wednesday, May 8, 2024, on 22 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Earnings Movers Other 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -1.78%
Earnings Movers Other -1.78%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 14 hours ago
Possible NR7 about 15 hours ago
Possible Inside Day about 15 hours ago
Up 2% about 17 hours ago
60 Minute Opening Range Breakout about 18 hours ago

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Profile

Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers targeting unconventional resource plays in the United States. It constructs, owns, and operates a fleet of ShaleDriller rigs for the development of oil and gas properties in the Permian Basin. Independence Contract Drilling, Inc. was founded in 2011 and is based in Houston, Texas.
Classification

Sector: Energy
Industry: Oil & Gas Drilling
Keywords: Oil Wells Permian Basin Precision Drilling Oil And Gas Properties Offshore Engineering Gas Producer Drilling Services Contract Drilling Services Natural Gas Producer

Is ICD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.45
52 Week Low 1.61
Average Volume 68,276
200-Day Moving Average 2.39
50-Day Moving Average 1.82
20-Day Moving Average 1.86
10-Day Moving Average 1.80
Average True Range 0.09
RSI (14) 30.07
ADX 20.35
+DI 14.77
-DI 23.51
Chandelier Exit (Long, 3 ATRs) 1.89
Chandelier Exit (Short, 3 ATRs) 1.92
Upper Bollinger Bands 2.04
Lower Bollinger Band 1.68
Percent B (%b) -0.05
BandWidth 19.39
MACD Line -0.04
MACD Signal Line -0.01
MACD Histogram -0.0286
Fundamentals Value
Market Cap 23.38 Million
Num Shares 14.1 Million
EPS -0.49
Price-to-Earnings (P/E) Ratio -3.39
Price-to-Sales 0.13
Price-to-Book 0.14
PEG Ratio -0.96
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.77
Resistance 3 (R3) 1.78 1.75 1.75
Resistance 2 (R2) 1.75 1.73 1.75 1.74
Resistance 1 (R1) 1.71 1.71 1.70 1.70 1.74
Pivot Point 1.68 1.68 1.68 1.68 1.68
Support 1 (S1) 1.64 1.66 1.63 1.63 1.58
Support 2 (S2) 1.61 1.64 1.61 1.58
Support 3 (S3) 1.57 1.61 1.57
Support 4 (S4) 1.56