Taking everything into account, INDI scores 3 out of 10 in our technical rating. INDI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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
3.28
We found 3 important support areas.
- A support zone ranging from 3.92 to 3.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.46 to 3.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.31 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.33 to 4.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.41 to 5.48. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for INDI is neutral. |
| ChartMill Relative Strength | 53.89 | NEUTRAL | INDI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INDI is above the rising 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 | POSITIVE | The current price of INDI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.68 | NEUTRAL | The RSI value for INDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests INDI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.88 | NEUTRAL | The Stochastics value for INDI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for INDI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for INDI suggests a possible start of a new trend. |
3.98
-0.13 (-3.16%)
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 current trend direction of INDIE SEMICONDUCTOR INC-A (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 44.6755. This indicates that the stock is currently neutral.
What is the MACD signal for INDI stock?
The MACD indicator for INDIE SEMICONDUCTOR INC-A (INDI) has a value of 0.0462316, indicating a bearish trend.
What is the short term momentum for INDIE SEMICONDUCTOR INC-A (INDI) stock?
The short term momentum for INDIE SEMICONDUCTOR INC-A (INDI) is neutral.