indie Semiconductor, Inc. (INDI)

indie Semiconductor, Inc. is trading at $4.41, down 6.37% on the session. The 50 day average sits at $3.93 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 65, which reads as strong, and MACD is bullish crossover. Volume is volume spike.

The nearest support is around $4.00 with resistance near $4.85, so that band frames the current range. Average daily movement is roughly $0.37, or about 8.5% of the share price, which is what any stop placement has to allow for. The overall health score of 61 out of 100 combines a trend score of 56, momentum of 94 and a risk score of 22.

indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicles, connected car, user experience, and electrification applications. It designs, develops, manufactures, and markets integrated circuits. The company also offers mixed-signal system-on-chips (SoCs) and system solutions for advanced driver assistance systems. In addition, it offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring. The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. Further, the company designs, manufactures, and integrates photonic components and sub-systems on various technology platforms, including fiber Bragg gratings (FBG), low-noise lasers, athermal and tunable packaging, leveraging low-noise, and high-speed electronics; and designs and develops standard and custom light sources, including super luminescent light emitting diodes (SLEDs). Additionally, it is developing LiDAR, cybersecurity-enabled microcontrollers, and sensor-fusion processors. The company provides solutions in the United States, Greater China, Europe, South Korea, rest of North America, rest of the Asia Pacific, and South America. indie Semiconductor, Inc. was founded in 2007 and is headquartered in Aliso Viejo, California.