Indie Semiconductor Inc - Class A Shares Close the Week 38.5% Higher - Weekly Wrap
The company saw its shares close the week 38.5% higher than last week, with trading volume higher than its 30 day average.
Nov 17, 2023 by Kwhen Finance Editors
Indie Semiconductor Inc - Class A (INDI) shares closed this week 38.5% higher than it did at the end of last week. The stock is currently up 17.3% year-to-date, up 2.8% over the past 12 months, and down 36.4% over the past five years. This week, the Dow Jones Industrial Average rose 3.2%, and the S&P 500 rose 3.8%.
Trading Activity
- Shares traded as high as $7.01 and as low as $5.42 this week.
- Trading volume this week was 31.5% lower than the 10-day average and 11.6% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 1.8.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
- MACD, a trend-following momentum indicator, indicates an upward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price beats the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Indie Semiconductor Inc - Class A | -2.5 | 17.3 | 2.8 | ||
| Dow Jones Industrial Average | -0.2 | 8.1 | 7.0 | -1.1 | 13.3 |
| S&P 500 Index | 0.1 | 19.9 | 16.5 | -1.3 | 22.3 |
| Technology Industry | 0.6 | -70.2 | -66.2 | -72.6 | 1.0 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date beats the peer average by -251.1%
- The company's stock price performance over the past 12 months beats the peer average by -115.9%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Indie Semiconductor Inc - Class A | INDI | -9.6 | 17.3 | 2.8 | ||
| Peer Avg | N/A | -0.7 | -11.5 | -17.4 | ||
| Quantum-Si Incorporated - Class A | QSI | 0 | -13.4 | -47.3 | ||
| Pixelworks Inc | PXLW | -2.8 | -32.5 | -22.4 | ||
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