What is the Market's View on indie Semiconductor Inc (INDI) Stock's Price and Volume Trends Monday?

The market has been high on indie Semiconductor Inc (INDI) stock recently. INDI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

indie Semiconductor Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on INDI!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With INDI Stock Today?

indie Semiconductor Inc (INDI) stock is up 2.84% while the S&P 500 has fallen -0.07% as of 1:04 PM on Monday, Nov 13. INDI has risen $0.16 from the previous closing price of $5.64 on volume of 1,460,869 shares. Over the past year the S&P 500 has gained 11.49% while INDI has fallen -33.79%. INDI lost -$1.06 per share in the over the last 12 months. To screen for more stocks like indie Semiconductor Inc click here.

More About indie Semiconductor Inc

Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms. Click Here to get the full Stock Report for indie Semiconductor Inc stock.