Technical Analysis for IBCP - Independent Bank Corporation
|Grade||Last Price||% Change||Price Change|
IBCP closed down 1.71 percent on Friday, June 23, 2017, on 2.46 times 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 Alerts
|Weak or Absent||Up||Down||Down|
|See historical IBCP trend table...|
|Date||Alert Name||Type||% Chg|
|Jun 22||NR7||Range Contraction||-1.71%|
|Jun 22||Narrow Range Bar||Range Contraction||-1.71%|
|Jun 22||Doji - Bullish?||Reversal||-1.71%|
|Jun 22||Stochastic Reached Oversold||Other||-1.71%|
|Jun 21||MACD Bearish Centerline Cross||Bearish||-1.95%|
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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|
|Oversold / Overbought|
|Summary:||Counts: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more IBCP news...
|52 Week High||23.5432|
|52 Week Low||13.6182|
|200-Day Moving Average||19.7527|
|50-Day Moving Average||21.2565|
|20-Day Moving Average||20.885|
|10-Day Moving Average||21.025|
|Average True Range||0.4567|
|Chandelier Exit (Long, 3 ATRs)||20.3799|
|Chandelier Exit (Short, 3 ATRs)||21.3701|
|Upper Bollinger Band||21.7109|
|Lower Bollinger Band||20.0591|
|Percent B (%b)||0.06|
|MACD Signal Line||-0.0578|