Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where INDY advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The 10-day moving average for INDY crossed bullishly above the 50-day moving average on September 11, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 316 cases where INDY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for INDY moved out of overbought territory on September 15, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on September 21, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on INDY as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for INDY turned negative on September 21, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
INDY moved below its 50-day moving average on September 26, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where INDY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
INDY broke above its upper Bollinger Band on September 08, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Category PacificAsiaexJapanStk
A.I.dvisor indicates that over the last year, INDY has been closely correlated with INDA. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if INDY jumps, then INDA could also see price increases.
Ticker / NAME | Correlation To INDY | 1D Price Change % | ||
---|---|---|---|---|
INDY | 100% | -0.83% | ||
INDA - INDY | 91% Closely correlated | -0.69% | ||
EPI - INDY | 86% Closely correlated | -0.68% | ||
IIF - INDY | 82% Closely correlated | -1.07% | ||
DGIN - INDY | 75% Closely correlated | -0.77% | ||
NFTY - INDY | 74% Closely correlated | -0.92% | ||
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