INDO Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Indonesia Energy Corp Ltd (INDO) Moving Averages Convergence Divergence (MACD) indicator is -0.149, suggesting INDO is Strong Sell.

Indonesia Energy Corp Ltd (INDO) 20-Day simple moving average is 2.914, while Indonesia Energy Corp Ltd (INDO) share price is $2.61, making it Sell.

Indonesia Energy Corp Ltd (INDO) 60-Day simple moving average is 3.253, while Indonesia Energy Corp Ltd (INDO) share price is $2.61, making it Sell.

Technical Analysis for INDO

Technical Sentiment Analysis for Indonesia Energy Corp Ltd (INDO) As of 2026-06-12, Indonesia Energy Corp Ltd (INDO) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 2 indicators are flashing buy, while 11 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for INDO stands at 37.112, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.149, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 21.517 and the Commodity Channel Index (CCI) at -125.687 further confirm a -0.26 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, INDO is trading below its 60-day moving average of $3.253 and below its 200-day long-term moving average of $3.357. Key price levels to watch include the immediate resistance at $3.023 and strong support at $2.563. A break above $3.023 could signal a bull continuation, while falling below $2.563 may test the next Fibonacci floor at $2.336.

Indonesia Energy Corp Ltd (INDO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	2.103	2.336	2.563	2.796	3.023	3.256	3.483
Fibonacci	2.336	2.512	2.621	2.796	2.972	3.081	3.256

Indonesia Energy Corp Ltd (INDO) Technical Indicators

2026-06-12

Name	Value
RSI_14	37.112
STOCHk_14_3_3	21.517
STOCHd_14_3_3	20.461
CCI_20	-125.687
AO_5_34	-0.301
MOM_10	-0.26
MACD_12_26_9	-0.149

Indonesia Energy Corp Ltd (INDO) Relative Strength Index (RSI) is 37.112, creating a Neutral signal.

Indonesia Energy Corp Ltd (INDO) Stochastic Oscillator is 21.517, creating a Neutral signal.

Indonesia Energy Corp Ltd (INDO) Stochastic RSI is 20.461, creating a Neutral signal.

Indonesia Energy Corp Ltd (INDO) Commodity Channel Index (CCI) is -125.687, creating a Buy signal.

Indonesia Energy Corp Ltd (INDO) Awesome Oscillator is -0.301, creating a Sell signal.

Indonesia Energy Corp Ltd (INDO) Momentum is -0.26, creating a Sell signal.

Indonesia Energy Corp Ltd (INDO) MACD is -0.149, creating a Sell signal.

Indonesia Energy Corp Ltd (INDO) Moving Average

2026-06-12

Period	Simple	Signal
MA_5	2.692	Sell
MA_10	2.789	Sell
MA_20	2.914	Sell
MA_60	3.253	Sell
MA_200	3.357	Sell
MA_250	3.307	Sell

Indonesia Energy Corp Ltd (INDO) 5-Day simple moving average is 2.692, while Indonesia Energy Corp Ltd (INDO) share price is $2.61, making it a Sell.

Indonesia Energy Corp Ltd (INDO) 10-Day simple moving average is 2.789, while Indonesia Energy Corp Ltd (INDO) share price is $2.61, making it a Sell.

Indonesia Energy Corp Ltd (INDO) 20-Day simple moving average is 2.914, while Indonesia Energy Corp Ltd (INDO) share price is $2.61, making it a Sell.

Indonesia Energy Corp Ltd (INDO) 60-Day simple moving average is 3.253, while Indonesia Energy Corp Ltd (INDO) share price is $2.61, making it a Sell.

Indonesia Energy Corp Ltd (INDO) 200-Day simple moving average is 3.357, while Indonesia Energy Corp Ltd (INDO) share price is $2.61, making it a Sell.

Indonesia Energy Corp Ltd (INDO) 250-Day simple moving average is 3.307, while Indonesia Energy Corp Ltd (INDO) share price is $2.61, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for INDO?

The overall technical consensus for Indonesia Energy Corp Ltd (INDO) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 5 sell signals.

What are the key support and resistance levels for Indonesia Energy Corp Ltd (INDO) today?

Based on pivot point calculations, Indonesia Energy Corp Ltd (INDO) has an immediate support level at 2.563 and a major resistance level at 3.023. Traders also monitor the pivot point at 2.796 to determine the intraday trend direction.

Is Indonesia Energy Corp Ltd (INDO) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Indonesia Energy Corp Ltd (INDO) is currently 37.112. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Indonesia Energy Corp Ltd (INDO)?

Indonesia Energy Corp Ltd (INDO) Moving Averages Convergence Divergence (MACD) indicator is -0.149, suggesting INDO is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Indonesia Energy Corp Ltd.

How is Indonesia Energy Corp Ltd (INDO) performing relative to its 200-day moving average?

Indonesia Energy Corp Ltd (INDO) is currently trading at $2.61, which is below its 200-day simple moving average of 3.357. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.