INDO Technical

Technical Sentiment Analysis for Indonesia Energy Corp Ltd (INDO) As of 2026-07-07, Indonesia Energy Corp Ltd (INDO) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 5 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for INDO stands at 54.221, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0354, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 84.915 and the Commodity Channel Index (CCI) at 132.513 further confirm a 0.25 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, INDO is trading below its 60-day moving average of $3.001 and below its 200-day long-term moving average of $3.34. Key price levels to watch include the immediate resistance at $2.919 and strong support at $2.554. A break above $2.919 could signal a bull continuation, while falling below $2.554 may test the next Fibonacci floor at $2.369.