ICD Stock Independence Contract Drilling (ICD, $0.65) entered Downtrend as Momentum indicator drops below 0 level on Aug 27, 2024

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08/28/24

ICD - Independence Contract Drilling

Momentum signal

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Odds of DOWN Trend

Price: $0.65

Daily change: $0 (0%)

Daily volume: 55.9K

Capitalization: $9.9M

Industry: Contract Drilling

This indicator may be signaling that ICD's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 82 similar cases where ICD's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:

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