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Stock Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

Independent Bank Corporation (NASDAQ:IBCP)

Long-Term Uptrend (+90) - IBCP is in a strong uptrend that is likely to continue. While IBCP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_IBCP
Open High Low IBCP Price Change
31.55 32.50 31.35 31.46 -0.42
Entry Signal

MarketClub’s Trade Triangles for IBCP

long term up The long-term trend has been UP since Jun 28th, 2024 at 26.690

intermediate term up The intermediate-term trend has been UP since Jun 27th, 2024 at 25.490

short term up The short-term trend has been UP since Jul 10th, 2024 at 26.345

Smart Scan Analysis for IBCP

Based on our trend formula, IBCP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for IBCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.55 32.50 31.35 31.46 -0.42
Prev. Close Volume Bid Ask Time
31.88 53256 2024-07-18 14:02:55
Year High27.1Year High Date2018-06-06
Year Low21.11Year Low Date2018-10-29
52wk High32.1952wk High Date2024-07-17
52wk Low16.952wk Low Date2023-10-24
Year End Close3.5044Average Volume144,076
Shares Outstanding20,902Short Interest138,817
% Institutional12.6Market Cap466M
Assets523,125,500MLiabilities481,568,500M
P/E Ratio10.8435Beta1.79
Volatility30.8
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