We assign a technical rating of 0 out of 10 to INDI. INDI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
INDI has a poor technical rating and the quality of the setup is also only medium 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
3.25
We found 1 important support area.
- A support zone ranging from 3.28 to 3.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 3.54 to 3.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.83 from a horizontal line in the daily time frame.
- Resistance @3.91 from a trend line in the daily time frame.
- Resistance @5.36 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 | DOWN | NEGATIVE | The long term trend for INDI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INDI is down. |
| ChartMill Relative Strength | 16.95 | NEGATIVE | INDI has a low relative strength, it was outperformed by 83.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INDI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INDI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of INDI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.66 | NEUTRAL | The RSI value for INDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests INDI has a negative trend. |
| Stochastics (14,3) | 2.86 | OVERSOLD | The low Stochastics value suggests INDI may be oversold. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for INDI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for INDI suggests a possible start of a new trend. |
3.53
-0.04 (-1.12%)
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 0 / 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 36.661. 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 -0.03765, indicating a bearish trend.
Can you provide the buy/sell signal for INDIE SEMICONDUCTOR INC-A?
The buy/sell signal for INDIE SEMICONDUCTOR INC-A (INDI) is sell as both the short term and long term trends are negative.