INDO Technical

Technical Sentiment Analysis for Indonesia Energy Corp Ltd (INDO) As of 2026-07-02, Indonesia Energy Corp Ltd (INDO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for INDO stands at 49.922, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0605, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 69.989 and the Commodity Channel Index (CCI) at 74.674 further confirm a 0.09 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, INDO is trading below its 60-day moving average of $3.011 and below its 200-day long-term moving average of $3.341. Key price levels to watch include the immediate resistance at $2.861 and strong support at $2.541. A break above $2.861 could signal a bull continuation, while falling below $2.541 may test the next Fibonacci floor at $2.385.