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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.
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MarketClub’s Trade Triangles for INDB
The long-term trend has been UP since Jul 15th, 2024 at 54.280
The intermediate-term trend has been UP since Oct 15th, 2024 at 61.195
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).
| 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 High | 95 | Year High Date | 2018-07-23 |
| Year Low | 66.9 | Year Low Date | 2018-02-06 |
| 52wk High | 77.23 | 52wk High Date | 2024-11-25 |
| 52wk Low | 45.11 | 52wk Low Date | 2024-06-21 |
| Year End Close | 28.95 | Average Volume | 284,347 |
| Shares Outstanding | 42,493 | Short Interest | 2,453,201 |
| % Institutional | 86.5 | Market Cap | 2,573M |
| Assets | 194,110,370M | Liabilities | 164,917,880M |
| P/E Ratio | 14.5553 | Beta | 1.05 |
| Volatility | 28.47 |