Technical Analysis for INDO - Indonesia Energy Corporation

Grade Last Price % Change Price Change
D 5.72 6.92% 0.37
INDO closed up 6.92 percent on Thursday, April 22, 2021, on 9 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. 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 Up Down Down
Historical INDO trend table...

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
200 DMA Resistance Bearish 6.92%
Stochastic Buy Signal Bullish 6.92%
Narrow Range Bar Range Contraction 6.92%
Lower Bollinger Band Walk Weakness 6.92%
Inside Day Range Contraction 6.92%
Below Lower BB Weakness 6.92%
Older End-of-Day Signals for INDO ...

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Profile

Indonesia Energy Corp. Ltd. operates as an oil and gas, exploration and production company, which focuses on the Indonesian market. It holds oil and gas assets through its subsidiaries in Indonesia: the Kruh Block and the Citarum Block. The company was founded by James J. Huang and Wirawan Jusuf in 2014 and is headquartered in Jakarta, Indonesia.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Oil And Gas Administrative Territorial Entities Oil And Gas Assets

Is INDO 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 11.87
52 Week Low 3.2559
Average Volume 45,954
200-Day Moving Average 5.44
50-Day Moving Average 7.05
20-Day Moving Average 6.03
10-Day Moving Average 5.78
Average True Range 0.43
ADX 19.77
+DI 25.82
-DI 22.22
Chandelier Exit (Long, 3 ATRs ) 6.05
Chandelier Exit (Short, 3 ATRs ) 6.57
Upper Bollinger Band 6.70
Lower Bollinger Band 5.35
Percent B (%b) 0.28
BandWidth 22.52
MACD Line -0.40
MACD Signal Line -0.38
MACD Histogram -0.0269
Fundamentals Value
Market Cap 42.37 Million
Num Shares 7.41 Million
EPS -0.06
Price-to-Earnings (P/E) Ratio -97.11
Price-to-Sales 11.57
Price-to-Book 2.44
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.13
Resistance 3 (R3) 6.17 6.08 6.06
Resistance 2 (R2) 6.08 5.98 6.06 6.03
Resistance 1 (R1) 5.90 5.91 5.86 5.86 6.01
Pivot Point 5.81 5.81 5.79 5.79 5.81
Support 1 (S1) 5.63 5.71 5.59 5.59 5.43
Support 2 (S2) 5.54 5.64 5.52 5.41
Support 3 (S3) 5.36 5.54 5.38
Support 4 (S4) 5.32