Technical Analysis for INDB - Independent Bank Corp.

Grade Last Price % Change Price Change
D 81.71 0.39% 0.32
INDB closed up 0.39 percent on Thursday, May 6, 2021, on 1.13 times normal volume.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.00%
Multiple of Ten Bullish Other 0.00%
Fell Below 20 DMA Bearish 0.39%
Bollinger Band Squeeze Range Contraction 0.39%
Bollinger Band Squeeze Range Contraction -1.58%
Crossed Above 20 DMA Bullish -1.94%
Bollinger Band Squeeze Range Contraction -1.94%
Outside Day Range Expansion -1.94%
Overbought Stochastic Strength -1.94%
Fell Below 20 DMA Bearish -0.23%
Older End-of-Day Signals for INDB ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1% about 19 hours ago
Fell Below Previous Day's Low about 20 hours ago
Down 2 % 1 day ago
60 Minute Opening Range Breakdown 2 days ago
20 DMA Support 2 days ago
View Earlier Intraday Alerts

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Independent Bank Corp. Description

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.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Bank Investment Management Deposit Products Commercial Banking Loans Real Estate Loans Commercial Bank Demand Deposit Boat Trust Services Business Loans Residential Real Estate Loans Banking Products Boats Banks Mortgage Lending Business Loan Retail Branches

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 99.85
52 Week Low 49.29
Average Volume 178,324
200-Day Moving Average 71.99
50-Day Moving Average 86.02
20-Day Moving Average 82.04
10-Day Moving Average 82.71
Average True Range 2.51
ADX 39.84
+DI 11.56
-DI 32.87
Chandelier Exit (Long, 3 ATRs ) 77.81
Chandelier Exit (Short, 3 ATRs ) 81.47
Upper Bollinger Band 85.19
Lower Bollinger Band 78.88
Percent B (%b) 0.45
BandWidth 7.69
MACD Line -0.69
MACD Signal Line -0.90
MACD Histogram 0.2101
Fundamentals Value
Market Cap 2.69 Billion
Num Shares 33 Million
EPS 3.98
Price-to-Earnings (P/E) Ratio 20.51
Price-to-Sales 4.89
Price-to-Book 1.38
PEG Ratio 11.00
Dividend 1.84
Dividend Yield 2.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 84.38
Resistance 3 (R3) 84.08 82.90 83.94
Resistance 2 (R2) 82.90 82.22 83.05 83.79
Resistance 1 (R1) 82.30 81.80 82.60 82.60 83.64
Pivot Point 81.12 81.12 81.27 81.27 81.12
Support 1 (S1) 80.52 80.44 80.82 80.82 79.78
Support 2 (S2) 79.34 80.02 79.49 79.63
Support 3 (S3) 78.74 79.34 79.49
Support 4 (S4) 79.04