The Aroon Indicator for ICDI entered a downward trend on December 09, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 301 similar instances where the Aroon Indicator formed such a pattern. In of the 301 cases the stock moved lower. This puts the odds of a downward move at .
The RSI Indicator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
a provider of land drilling services
Industry ContractDrilling