Technical Analysis for ICD - Independence Contract Drilling, Inc.

Grade Last Price % Change Price Change
F 3.15 0.96% 0.03
ICD closed up 0.96 percent on Friday, May 14, 2021, on 48 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical ICD trend table...

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish 0.96%
Stochastic Reached Oversold Weakness 0.96%
Oversold Stochastic Weakness 0.96%
200 DMA Resistance Bearish -6.80%
20 DMA Resistance Bearish -6.80%
200 DMA Resistance Bearish -7.08%
20 DMA Resistance Bearish -7.08%
Older End-of-Day Signals for ICD ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Inside Day 2 days ago
Possible NR7 2 days ago
60 Minute Opening Range Breakout 2 days ago
Up 5% 3 days ago
Up 3% 3 days ago
View Earlier Intraday Alerts

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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: Permian Basin Oil Well Economies Gas Producers Oil And Gas Properties Precision Drilling Natural Gas Producer Natural Gas Producers Drilling Services Offshore Engineering Contract Drilling Services

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 9.24
52 Week Low 2.12
Average Volume 171,295
200-Day Moving Average 3.47
50-Day Moving Average 3.78
20-Day Moving Average 3.42
10-Day Moving Average 3.38
Average True Range 0.32
ADX 11.32
+DI 19.16
-DI 23.41
Chandelier Exit (Long, 3 ATRs ) 3.14
Chandelier Exit (Short, 3 ATRs ) 3.98
Upper Bollinger Band 3.84
Lower Bollinger Band 3.00
Percent B (%b) 0.18
BandWidth 24.58
MACD Line -0.14
MACD Signal Line -0.13
MACD Histogram -0.0088
Fundamentals Value
Market Cap 19.45 Million
Num Shares 6.18 Million
EPS -0.42
Price-to-Earnings (P/E) Ratio -7.52
Price-to-Sales 0.12
Price-to-Book 0.07
PEG Ratio -0.96
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.47
Resistance 3 (R3) 3.49 3.40 3.41
Resistance 2 (R2) 3.40 3.32 3.39 3.39
Resistance 1 (R1) 3.28 3.27 3.24 3.26 3.38
Pivot Point 3.19 3.19 3.17 3.18 3.19
Support 1 (S1) 3.07 3.11 3.03 3.05 2.92
Support 2 (S2) 2.98 3.06 2.97 2.91
Support 3 (S3) 2.86 2.98 2.89
Support 4 (S4) 2.84