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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Independent Bank Corporation (NASDAQ:IBCP)
Sidelines Mode (+55) - IBCP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IBCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IBCP
The long-term trend has been UP since Jun 28th, 2024 at 26.69
The intermediate-term trend has been UP since Oct 15th, 2024 at 34.67
The short-term trend has been DOWN since Oct 21st, 2024 at 33.28
Smart Scan Analysis for IBCP
Based on our trend formula, IBCP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.06 | 33.49 | 32.50 | 32.59 | -0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.58 | 60316 | 2024-10-25 15:59:48 |
| Year High | 27.1 | Year High Date | 2018-06-06 |
| Year Low | 21.11 | Year Low Date | 2018-10-29 |
| 52wk High | 35.965 | 52wk High Date | 2024-07-25 |
| 52wk Low | 18.61 | 52wk Low Date | 2023-10-26 |
| Year End Close | 3.5044 | Average Volume | 94,451 |
| Shares Outstanding | 20,897 | Short Interest | 138,817 |
| % Institutional | 12.6 | Market Cap | 466M |
| Assets | 527,750,000M | Liabilities | 484,704,100M |
| P/E Ratio | 10.4936 | Beta | 1.79 |
| Volatility | 30.8 |