Technical Analysis for INDB - Independent Bank Corp.

Grade Last Price % Change Price Change
grade D 76.39 -1.22% -0.94
INDB closed down 1.22 percent on Wednesday, May 22, 2019, on 37 percent of 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
See historical INDB trend table...

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
BB Squeeze Ended Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Bollinger Band Squeeze Range Contraction -1.22%
BB Squeeze + Lower Band Touch Range Contraction -1.22%
Lower Bollinger Band Touch Weakness -1.22%
Oversold Stochastic Weakness -1.22%
Bollinger Band Squeeze Range Contraction -0.91%
BB Squeeze + Lower Band Touch Range Contraction -0.91%

Older signals for INDB ...

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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 Residential Real Estate Loans Trust Services Banking Products Legacytexas Bank Banks 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
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 95.0
52 Week Low 66.12
Average Volume 175,289
200-Day Moving Average 81.0762
50-Day Moving Average 80.9034
20-Day Moving Average 79.184
10-Day Moving Average 78.04
Average True Range 1.7068
ADX 31.51
+DI 9.9361
-DI 26.892
Chandelier Exit (Long, 3 ATRs ) 76.9696
Chandelier Exit (Short, 3 ATRs ) 81.1804
Upper Bollinger Band 82.2663
Lower Bollinger Band 76.1017
Percent B (%b) 0.05
BandWidth 7.785159
MACD Line -1.3222
MACD Signal Line -1.064
MACD Histogram -0.2582
Fundamentals Value
Market Cap 2.1 Billion
Num Shares 27.5 Million
EPS 2.94
Price-to-Earnings (P/E) Ratio 25.98
Price-to-Sales 6.22
Price-to-Book 2.15
PEG Ratio 2.71
Dividend 1.28
Dividend Yield 1.68%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 78.28
Resistance 3 (R3) 78.38 77.85 77.97
Resistance 2 (R2) 77.85 77.37 77.80 77.86
Resistance 1 (R1) 77.12 77.07 76.86 77.02 77.75
Pivot Point 76.59 76.59 76.46 76.54 76.59
Support 1 (S1) 75.86 76.11 75.60 75.76 75.03
Support 2 (S2) 75.33 75.81 75.28 74.92
Support 3 (S3) 74.60 75.33 74.82
Support 4 (S4) 74.50