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Stock Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

Independent Bank Corp. (NASDAQ:INDB)

Long-Term Uptrend (+90) - INDB is in a strong uptrend that is likely to continue. While INDB 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 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
57.410 58.570 57.035 57.075 -0.925
Entry Signal

MarketClub’s Trade Triangles for INDB

long term up The long-term trend has been UP since Jul 15th, 2024 at 54.28

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 50.99

short term up The short-term trend has been UP since Jul 10th, 2024 at 49.50

Smart Scan Analysis for INDB

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

+90
Smart Scan Analysis for INDB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.410 58.570 57.035 57.075 -0.925
Prev. Close Volume Bid Ask Time
58.000 117248 2024-07-18 12:21:08
Year High95Year High Date2018-07-23
Year Low66.9Year Low Date2018-02-06
52wk High68.7552wk High Date2023-12-14
52wk Low44.6352wk Low Date2023-10-25
Year End Close28.95Average Volume360,420
Shares Outstanding42,446Short Interest2,453,201
% Institutional86.5Market Cap2,573M
Assets193,246,130MLiabilities164,404,050M
P/E Ratio11.1969Beta1.05
Volatility28.47
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