Technical Analysis for IBCP - Independent Bank Corporation

Grade Last Price % Change Price Change
grade D 21.72 -0.78% -0.17
IBCP closed down 0.78 percent on Thursday, March 21, 2019, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

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

Date Alert Name Type % Chg
Mar 21 Lower Bollinger Band Walk Weakness 0.00%
Mar 21 Below Lower BB Weakness 0.00%
Mar 21 Down 3 Days in a Row Weakness 0.00%
Mar 21 Lower Bollinger Band Touch Weakness 0.00%
Mar 21 Oversold Stochastic Weakness 0.00%
Mar 20 MACD Bearish Centerline Cross Bearish -0.78%
Mar 20 Stochastic Reached Oversold Weakness -0.78%
Mar 20 BB Squeeze Ended Range Expansion -0.78%
Mar 20 Below Lower BB Weakness -0.78%
Mar 20 Lower Bollinger Band Touch Weakness -0.78%

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: 0 bullish, 3 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 108,884
200-Day Moving Average 23.6486
50-Day Moving Average 22.697
20-Day Moving Average 22.998
10-Day Moving Average 22.771
Average True Range 0.3886
ADX 23.25
+DI 14.3726
-DI 30.3888
Chandelier Exit (Long, 3 ATRs ) 22.4742
Chandelier Exit (Short, 3 ATRs ) 22.8758
Upper Bollinger Band 23.8985
Lower Bollinger Band 22.0975
Percent B (%b) -0.21
BandWidth 7.831116
MACD Line -0.1154
MACD Signal Line 0.075
MACD Histogram -0.1904
Fundamentals Value
Market Cap 463.42 Million
Num Shares 21.3 Million
EPS 1.12
Price-to-Earnings (P/E) Ratio 19.39
Price-to-Sales 3.79
Price-to-Book 1.82
PEG Ratio 2.29
Dividend 0.40
Dividend Yield 1.84%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.43
Resistance 3 (R3) 22.50 22.34 22.31
Resistance 2 (R2) 22.34 22.16 22.30 22.27
Resistance 1 (R1) 22.03 22.05 21.95 21.96 22.23
Pivot Point 21.87 21.87 21.83 21.83 21.87
Support 1 (S1) 21.56 21.69 21.48 21.49 21.21
Support 2 (S2) 21.40 21.58 21.36 21.17
Support 3 (S3) 21.09 21.40 21.13
Support 4 (S4) 21.02