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Stock Trend Analysis Report

Prepared for you on Friday, December 6, 2024.

Independent Bank Corp. (NASDAQ:INDB)

Sidelines Mode (+55) - INDB 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 INDB?

MarketClub looks at technical strength and momentum to determine if the timing is right for INDB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_INDB
Open High Low INDB Price Change
72.540 72.880 71.400 71.425 -0.915
Entry Signal

MarketClub’s Trade Triangles for INDB

long term up The long-term trend has been UP since Jul 15th, 2024 at 54.280

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2024 at 61.195

short term down The short-term trend has been DOWN since Nov 29th, 2024 at 72.935

Smart Scan Analysis for INDB

Based on our trend formula, INDB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for INDB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.540 72.880 71.400 71.425 -0.915
Prev. Close Volume Bid Ask Time
71.430 81444 2024-12-05 15:59:31
Year High95Year High Date2018-07-23
Year Low66.9Year Low Date2018-02-06
52wk High77.2352wk High Date2024-11-25
52wk Low45.1152wk Low Date2024-06-21
Year End Close28.95Average Volume284,347
Shares Outstanding42,493Short Interest2,453,201
% Institutional86.5Market Cap2,573M
Assets194,110,370MLiabilities164,917,880M
P/E Ratio14.5553Beta1.05
Volatility28.47
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