Technical Analysis for IBCP - Independent Bank Corporation

Grade Last Price % Change Price Change
D 32.90 0.37% 0.12
IBCP closed up 0.37 percent on Friday, November 1, 2024, on 87 percent of normal volume. It ran into resistance at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Gapped Up Strength 0.00%
Fell Below 20 DMA Bearish 0.37%
Fell Below 50 DMA Bearish 0.37%
20 DMA Support Bullish -1.94%
50 DMA Support Bullish -1.94%
Up 3 Days in a Row Strength -1.94%
Crossed Above 50 DMA Bullish -0.93%
NR7 Range Contraction -0.93%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 20 hours ago
20 DMA Resistance about 20 hours ago
10 DMA Resistance about 20 hours ago
Fell Below Previous Day's Low about 20 hours ago
Up 1% about 20 hours ago

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Profile

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various retail and commercial banking services in Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also acquires and services payment plans used by consumers to purchase vehicle service contracts. In addition, it provides title insurance services, and investment and insurance services. The company provides its services through approximately 72 branches, 2 drive-thru facilities, and 3 loan production offices. Independent Bank Corporation was founded in 1864 and is based in Ionia, Michigan.
Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Bank Mortgage Loan Commercial Banking Commercial Bank Title Insurance Retail And Commercial Banking Mortgage Lending Insurance Services Retail And Commercial Banking Services Title Insurance Services Deposit Box Services

Is IBCP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 35.79
52 Week Low 19.7972
Average Volume 100,102
200-Day Moving Average 27.85
50-Day Moving Average 33.23
20-Day Moving Average 33.18
10-Day Moving Average 33.07
Average True Range 1.04
RSI (14) 48.45
ADX 13.62
+DI 17.84
-DI 23.06
Chandelier Exit (Long, 3 ATRs) 31.95
Chandelier Exit (Short, 3 ATRs) 34.08
Upper Bollinger Bands 34.83
Lower Bollinger Band 31.53
Percent B (%b) 0.42
BandWidth 9.93
MACD Line 0.02
MACD Signal Line 0.09
MACD Histogram -0.0647
Fundamentals Value
Market Cap 685.49 Million
Num Shares 20.8 Million
EPS 2.79
Price-to-Earnings (P/E) Ratio 11.79
Price-to-Sales 2.55
Price-to-Book 1.27
PEG Ratio 2.33
Dividend 0.92
Dividend Yield 2.80%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 34.03
Resistance 3 (R3) 34.02 33.63 33.84
Resistance 2 (R2) 33.63 33.34 33.64 33.78
Resistance 1 (R1) 33.27 33.16 33.07 33.28 33.72
Pivot Point 32.88 32.88 32.78 32.88 32.88
Support 1 (S1) 32.51 32.59 32.32 32.52 32.08
Support 2 (S2) 32.12 32.41 32.13 32.02
Support 3 (S3) 31.76 32.12 31.96
Support 4 (S4) 31.77