Technical Analysis for IBCP - Independent Bank Corporation

Grade Last Price % Change Price Change
grade D 21.53 2.97% 0.62
IBCP closed up 2.97 percent on Friday, September 13, 2019, on 1.71 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Flat Up Up
See historical IBCP trend table...

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%

Older signals for IBCP ...

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Profile
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various retail and commercial banking services in Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also acquires and services payment plans used by consumers to purchase vehicle service contracts. In addition, it provides title insurance services, and investment and insurance services. The company provides its services through approximately 72 branches, 2 drive-thru facilities, and 3 loan production offices. Independent Bank Corporation was founded in 1864 and is based in Ionia, Michigan.
Financial Services Banking Bank Economic History Of Italy Mortgage Loan Commercial Bank Bank Of America Home Loans Insurance Services Retail And Commercial Banking Services Title Insurance Services Deposit Box Services Salem Five
Is IBCP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 25.13
52 Week Low 18.94
Average Volume 81,920
200-Day Moving Average 21.6083
50-Day Moving Average 20.5998
20-Day Moving Average 19.8425
10-Day Moving Average 19.967
Average True Range 0.4859
ADX 27.53
+DI 39.9021
-DI 21.1118
Chandelier Exit (Long, 3 ATRs ) 20.1773
Chandelier Exit (Short, 3 ATRs ) 20.3977
Upper Bollinger Band 21.0801
Lower Bollinger Band 18.6049
Percent B (%b) 1.18
BandWidth 12.474235
MACD Line 0.0779
MACD Signal Line -0.2032
MACD Histogram 0.2811
Fundamentals Value
Market Cap 459.37 Million
Num Shares 21.3 Million
EPS 1.12
Price-to-Earnings (P/E) Ratio 19.22
Price-to-Sales 3.79
Price-to-Book 1.82
PEG Ratio 2.29
Dividend 0.40
Dividend Yield 1.86%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.44
Resistance 3 (R3) 22.37 22.00 22.29
Resistance 2 (R2) 22.00 21.77 22.04 22.24
Resistance 1 (R1) 21.77 21.63 21.89 21.83 22.19
Pivot Point 21.40 21.40 21.46 21.43 21.40
Support 1 (S1) 21.16 21.17 21.28 21.23 20.87
Support 2 (S2) 20.79 21.02 20.83 20.82
Support 3 (S3) 20.56 20.79 20.77
Support 4 (S4) 20.62