Taking everything into account, INDI scores 3 out of 10 in our technical rating. 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.
- 82% of all other stocks performed better in the past year than INDI.
- INDI is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry, of which 77% are performing better than INDI.
- In the last month INDI has a been trading in the 3.56 - 4.74 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- INDI has an average volume of 2881930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- INDI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INDI is lagging the market.
The technical rating of INDI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.85 to 3.86. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @3.76 from a trend line in the daily time frame.
- Support @3.52 from a horizontal line in the daily time frame.
- Support @3.36 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @4.62 from a horizontal line in the daily time frame.
- Resistance @5.23 from a trend line in the weekly time frame.
- Resistance @5.48 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for INDI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INDI is down. |
| ChartMill Relative Strength | 18.94 | NEGATIVE | INDI has a low relative strength, it was outperformed by 81.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INDI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of INDI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INDI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.69 | NEUTRAL | The RSI value for INDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests INDI has a negative trend. |
| Stochastics (14,3) | 23.56 | NEUTRAL | The Stochastics value for INDI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for INDI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.92 | NEGATIVE | The low ADX value for INDI suggests a weak or negative trend. |
3.87
-0.09 (-2.27%)
INDIE SEMICONDUCTOR INC-A / INDI FAQ
What is the ChartMill technical rating of INDIE SEMICONDUCTOR INC-A (INDI) stock?
ChartMill assigns a technical rating of 3 / 10 to INDI.
What is the trend direction for INDI stock?
The current trend direction for INDIE SEMICONDUCTOR INC-A (INDI) is Bearish.
What is the RSI signal for INDI stock?
INDIE SEMICONDUCTOR INC-A (INDI) has an RSI value of 41.6904. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INDIE SEMICONDUCTOR INC-A?
The MACD indicator for INDIE SEMICONDUCTOR INC-A (INDI) has a value of -0.045591, indicating a bearish trend.