Technical Analysis for IBCP - Independent Bank Corporation

Grade Last Price % Change Price Change
grade A 22.55 0.71% 0.16
IBCP closed up 0.71 percent on Tuesday, January 15, 2019, on 41 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Jan 29

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Up
See historical IBCP trend table...

Date Alert Name Type % Chg
Jan 15 180 Bullish Setup Bullish Swing Setup 0.00%
Jan 15 Overbought Stochastic Strength 0.00%
Jan 14 Overbought Stochastic Strength 0.71%
Jan 11 Upper Bollinger Band Walk Strength -0.40%
Jan 11 Overbought Stochastic Strength -0.40%
Jan 10 Stochastic Sell Signal Bearish -0.09%
Jan 10 Upper Bollinger Band Walk Strength -0.09%
Jan 10 Overbought Stochastic Strength -0.09%
Jan 10 Upper Bollinger Band Touch Strength -0.09%
Jan 9 MACD Bullish Centerline Cross Bullish -0.27%

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.
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 27.1
52 Week Low 20.18
Average Volume 125,094
200-Day Moving Average 24.0244
50-Day Moving Average 22.0256
20-Day Moving Average 21.475
10-Day Moving Average 22.202
Average True Range 0.5193
ADX 23.51
+DI 23.3807
-DI 12.8125
Chandelier Exit (Long, 3 ATRs ) 21.1821
Chandelier Exit (Short, 3 ATRs ) 21.7379
Upper Bollinger Band 23.1002
Lower Bollinger Band 19.8498
Percent B (%b) 0.83
BandWidth 15.135739
MACD Line 0.2266
MACD Signal Line 0.0226
MACD Histogram 0.204
Fundamentals Value
Market Cap 481.13 Million
Num Shares 21.3 Million
EPS 1.12
Price-to-Earnings (P/E) Ratio 20.13
Price-to-Sales 3.79
Price-to-Book 1.82
PEG Ratio 2.29
Dividend 0.40
Dividend Yield 1.77%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.06
Resistance 3 (R3) 23.01 22.79 22.98
Resistance 2 (R2) 22.79 22.66 22.82 22.95
Resistance 1 (R1) 22.67 22.58 22.73 22.72 22.92
Pivot Point 22.45 22.45 22.48 22.48 22.45
Support 1 (S1) 22.33 22.32 22.39 22.38 22.18
Support 2 (S2) 22.11 22.24 22.14 22.15
Support 3 (S3) 21.99 22.11 22.13
Support 4 (S4) 22.04