$2.790
-0.030 (-1.06%)At close
Price Predictions
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INDO Prediction & Forecast by Similar Chart Analysis
Alphio's INDO stock price prediction model matches the current Indonesia Energy Corp Ltd tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $2.74 (-1.78%). The 1-week path is $2.73 (-2.22%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Indonesia Energy Corp Ltd Stock?
Indonesia Energy Corp Ltd (INDO) is not a good buy right now due to its current price of 2.79, which is below the 200-day simple moving average of 3.34, indicating a bearish trend. Additionally, the RSI is at 29.84, suggesting the stock is oversold, but this could also mean further downside risk. The forward P/E ratio is 0, indicating no earnings growth expectations, and the stock has a year-to-date change of -11.15%, reflecting ongoing weakness. The main risk is its negative earnings performance, highlighted by a P/E ratio of -4.10, which raises concerns about the company's profitability.
INDO stock price ended at $2.79 on Friday, after losing -1.06%
Indonesia Energy Corp Ltd (INDO) last closed at $2.79, losing -1.06%. These facts feed the 1-day and 1-week INDO price prediction above.
Forecast Drivers
Indonesia Energy Corp Ltd (INDO) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bearish
SMA 20
Bearish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches INDO, ranked by similarity.
Seasonality analysis for INDO
Historically the probability of a positive August return for INDO is 31.75%. April offers the highest probability of a positive month at 57.81%, while July is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.