Technical Analysis for INDB - Independent Bank Corp.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
67.7 | 1.35% | 0.90 |
INDB closed up 1.35 percent on Monday, August 21, 2017, on 71 percent of normal volume. It ran into resistance at its 50 day moving average. 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
| ADX | Long-Term | Intermediate-Term | Short-Term |
|---|---|---|---|
| Weak or Absent | Up | Flat | Down |
| See historical INDB trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Aug 21 | 50 DMA Resistance | Bearish | 0.00% |
| Aug 17 | Fell Below 50 DMA | Bearish | 2.34% |
| Aug 17 | Stochastic Reached Oversold | Other | 2.34% |
| Aug 17 | MACD Bearish Centerline Cross | Bearish | 2.34% |
| Aug 17 | Expansion Pivot Sell Setup | Bearish Swing Setup | 2.34% |
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Profile
- Earnings date: 2017-07-20
- Sector: Financials
- Industry: Commercial Banks
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.
Is INDB 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, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies. | ||
Recent News
See more INDB news...
Indicators
| Indicator | Value |
|---|---|
| 52 Week High | 73.15 |
| 52 Week Low | 47.0635 |
| Average Volume | 80,349 |
| 200-Day Moving Average | 64.9752 |
| 50-Day Moving Average | 67.9049 |
| 20-Day Moving Average | 69.9025 |
| 10-Day Moving Average | 68.345 |
| Average True Range | 1.5885 |
| ADX | 22.27 |
| +DI | 18.35 |
| -DI: | 30.04 |
| Chandelier Exit (Long, 3 ATRs) | 68.3845 |
| Chandelier Exit (Short, 3 ATRs) | 70.0155 |
| Upper Bollinger Band | 73.6092 |
| Lower Bollinger Band | 66.1958 |
| Percent B (%b) | 0.2 |
| Bandwidth | 0.106053 |
| MACD Line | -0.231 |
| MACD Signal Line | 0.3159 |
| MACD Histogram | -0.5469 |
