INDY sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for INDY moved below the 200-day moving average on December 27, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
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 .
The Aroon Indicator for INDY entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where INDY's RSI Indicator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
General Information
Category WorldStock
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| HIAGX | 23.26 | 0.17 | +0.74% |
| Hartford Disciplined Equity HLS IA | |||
| PISQX | 13.42 | -0.01 | -0.07% |
| Columbia Pyrford International Stk Ins 3 | |||
| WBSRX | 36.98 | -0.11 | -0.30% |
| William Blair Small Cap Growth R6 | |||
| USPCX | 29.27 | -0.09 | -0.31% |
| Union Street Partners Value C | |||
| FSMDX | 35.34 | -0.13 | -0.37% |
| Fidelity Mid Cap Index | |||
INDY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, INDY has been closely correlated with INDA. These tickers have moved in lockstep 95% 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% | -0.10% | ||
| INDA - INDY | 95% Closely correlated | -0.41% | ||
| FLIN - INDY | 94% Closely correlated | -0.38% | ||
| NDIA - INDY | 93% Closely correlated | -0.56% | ||
| EPI - INDY | 92% Closely correlated | -0.68% | ||
| PIN - INDY | 91% Closely correlated | -0.60% | ||
More | ||||