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Indie Semiconductor Stock Sees RS Rating Climb To 73 Before Earnings

Indie Semiconductor (INDI) saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 67 to 73.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s unique rating measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock’s price movement over the last 52 weeks holds up against all the other stocks in our database.

Over 100 years of market history shows that the best-performing stocks often have an RS Rating of at least 80 as they begin their biggest price moves. See if Indie Semiconductor Cl A can continue to rebound and clear that threshold.


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Indie Semiconductor stock is trying to complete a cup with handle with a 12.80 entry. See if it can break out in heavy trade.

Indie Semiconductor stock saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 159%. Revenue rose from 74% to 147%. The company is expected to report its latest results on or around Nov. 13.

The company earns the No. 18 rank among its peers in the Electronics-Semiconductor Manufacturing industry group. ON Semiconductor (ON) and Diodes (DIOD) are also among the group’s highest-rated stocks.

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