BIT:INDO - LU1900065811 - ETF
We assign a technical rating of 1 out of 10 to INDO. INDO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of INDO 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.
98.52
2 important support areas can be observed.
When analyzing the resistance we notice 6 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 INDO.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INDO.MI is down. |
ChartMill Relative Strength | 13.83 | NEGATIVE | INDO.MI has a low relative strength, it was outperformed by 86.17% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INDO.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of INDO.MI is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INDO.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 42.1 | NEUTRAL | The RSI value for INDO.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests INDO.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 13.51 | OVERSOLD | The low Stochastics value suggests INDO.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for INDO.MI suggests some volalility. |
Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for INDO.MI suggests a weak or negative trend. |
BIT:INDO (9/10/2025, 3:07:35 PM)
104.59
+1.99 (+1.94%)