Europe - BIT:INDI - FR0010361683 - ETF
We assign a technical rating of 1 out of 10 to INDI. INDI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, INDI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 27.55. Right above this resistance zone may be a good entry point.
26.08
When analyzing the support we notice one important area.
When analyzing the resistance we notice 3 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for INDI.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INDI.MI is down. |
ChartMill Relative Strength | 18.62 | NEGATIVE | INDI.MI has a low relative strength, it was outperformed by 81.38% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INDI.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INDI.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INDI.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.94 | NEUTRAL | The RSI value for INDI.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests INDI.MI has a positive trend. |
Stochastics (14,3) | 47.03 | NEUTRAL | The Stochastics value for INDI.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for INDI.MI suggests low volalility. |
Average Directional Index/ADX (14) | 20.91 | NEUTRAL | The ADX value for INDI.MI suggests a possible start of a new trend. |
BIT:INDI (9/11/2025, 7:00:00 PM)
27.29
-0.03 (-0.09%)