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Stock Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

Independent Bank Corp. (NASDAQ:INDB)

Weak Downtrend (-65) - INDB is showing signs of a strengthening downtrend. Monitor INDB as it may be building momentum to the downside.

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
82.890 84.570 80.240 81.865 -3.995
Entry Signal

MarketClub’s Trade Triangles for INDB

long term up The long-term trend has been UP since Oct 1st, 2021 at 78.95

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 83.43

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 85.18

Smart Scan Analysis for INDB

Based on our trend formula, INDB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for INDB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.890 84.570 80.240 81.865 -3.995
Prev. Close Volume Bid Ask Time
81.690 130460 2021-11-26 12:59:50
Year High95Year High Date2018-07-23
Year Low66.9Year Low Date2018-02-06
52wk High99.8552wk High Date2021-03-12
52wk Low66.8452wk Low Date2020-12-24
Year End Close28.95Average Volume483,240
Shares Outstanding33,050Short Interest2,453,201
% Institutional86.5Market Cap2,573M
Assets145,333,110MLiabilities127,773,570M
P/E Ratio18.4249Beta1.05
Volatility28.47
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