Technical Analysis for INDB - Independent Bank Corp.

Grade Last Price % Change Price Change
grade D 70.39 -1.30% -0.93
INDB closed down 1.3 percent on Wednesday, February 26, 2020, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical INDB trend table...

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish -1.30%
Down 3 Days in a Row Weakness -1.30%

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides banking products and services in Massachusetts. Its deposit products include demand deposits, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit. The company's loan product portfolio comprises commercial loans, including commercial and industrial loans, asset-based loans, commercial real estate loans, commercial construction loans, and small business loans; and consumer loans consisting of residential real estate loans, home equity loans, installment loans, overdraft protection, auto loans, unsecured loans, and loans secured by deposit accounts, as well as loans to purchase motorcycles, recreational vehicles, or boats. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions. The company operates through 74 full service and 3 limited service retail branches, 10 commercial banking centers, 4 investment management offices, and 3 mortgage lending centers in eastern Massachusetts; and an investment management group/commercial lending office in Rhode Island. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts.
Financial Services Banking Bank Deposit Products Investment Management Texas Capital Bank Real Estate Loans Loans Commercial Bank Banking Products Residential Real Estate Loans Trust Services Banks Legacytexas Bank Business Loan

Is INDB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 87.64
52 Week Low 62.33
Average Volume 127,895
200-Day Moving Average 76.57
50-Day Moving Average 79.04
20-Day Moving Average 74.68
10-Day Moving Average 75.12
Average True Range 1.77
ADX 30.08
+DI 13.82
-DI 37.73
Chandelier Exit (Long, 3 ATRs ) 72.49
Chandelier Exit (Short, 3 ATRs ) 75.51
Upper Bollinger Band 78.77
Lower Bollinger Band 70.60
Percent B (%b) -0.03
BandWidth 10.94
MACD Line -1.48
MACD Signal Line -1.21
MACD Histogram -0.2718
Fundamentals Value
Market Cap 1.94 Billion
Num Shares 27.5 Million
EPS 2.94
Price-to-Earnings (P/E) Ratio 23.94
Price-to-Sales 6.22
Price-to-Book 2.15
PEG Ratio 2.71
Dividend 1.28
Dividend Yield 1.82%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 73.78
Resistance 3 (R3) 74.10 73.28 73.22
Resistance 2 (R2) 73.28 72.42 73.13 73.03
Resistance 1 (R1) 71.84 71.89 71.43 71.52 72.84
Pivot Point 71.02 71.02 70.82 70.87 71.02
Support 1 (S1) 69.58 70.16 69.17 69.26 67.94
Support 2 (S2) 68.76 69.63 68.61 67.75
Support 3 (S3) 67.32 68.76 67.57
Support 4 (S4) 67.00