NASDAQ:INDY - Nasdaq - US4642895290 - ETF - Currency: USD
Overall INDY gets a technical rating of 8 out of 10. Although INDY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, INDY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 53.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INDY in the last couple of days, which is a good sign.
46.67
3 important support areas can be observed.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
54.04 | 51.04 | 3.00 (5.55%) | 18.01% |
An entry @54.04. This is a Buy Stop order right above the 10 day high. | An exit @51.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.00 points, which is 5.55%. | For a 1.00% total portfolio risk, you can invest 18.01% of your capital in this trade. |
NASDAQ:INDY (5/19/2025, 8:00:02 PM)
53.84
+0.04 (+0.07%)