INDEPENDENT BANK CORP/MA (INDB)
US4538361084 - Common Stock
We assign a technical rating of 1 out of 10 to INDB. INDB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month INDB has a been trading in the 59.46 - 71.81 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, INDB turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
INDB is an average performer in the Banks industry, it outperforms 46% of 405 stocks in the same industry.
INDB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INDB is lagging the market slightly.
The technical rating of INDB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
45.15
68.12
When analyzing the support we can see 4 important areas.
- A support zone ranging from 60.30 to 60.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.17 from a horizontal line in the daily time frame.
- Support @47.56 from a trend line in the weekly time frame.
- Support @45.61 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @67.45 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.46
Mansfield0.37
10 Day High65.29
10 Day Low59.46
20 Day High71.81
20 Day Low59.46
52 Week High77.23
52 Week Low45.11
Performance
1 Week0.19%
2 Weeks-2.22%
1 Month-11.23%
3 Month3.23%
6 Month9.49%
12 Month5.55%
2 Year-20.24%
3 Year-24.65%
5 Year-11.97%
10 Year68.01%
15 Year172.79%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.24
RSI(14)42.25
LBB60.29
UBB67.15
INDEPENDENT BANK CORP/MA
NASDAQ:INDB (1/14/2025, 8:00:02 PM)
After market: 63.56 0 (0%)63.56
+2.52 (+4.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.13%
1 Week0.19%
2 Weeks-2.22%
1 Month-11.23%
3 Month3.23%
6 Month9.49%
12 Month5.55%
2 Year-20.24%
3 Year-24.65%
5 Year-11.97%
10 Year68.01%
15 Year172.79%
Volatility
ATR(14)1.7
ATR(20)%3.05%
ATR Inc29.83%
Range Today2.06
ADR(20)1.89
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.46
Mansfield0.37
10 Day High65.29
10 Day Low59.46
20 Day High71.81
20 Day Low59.46
52 Week High77.23
52 Week Low45.11
CS1 End60.3
CR1 Start67.45
Volume & EV
DER(3)-2.24%
DER(5)-1.33%
Volume230.40K
Volume Incr-0.39%
Vol(5)258.70K
Vol(50)263.17K