Technical Analysis for INDB - Independent Bank Corp.

Grade Last Price % Change Price Change
B 70.81 0.03% 0.02
INDB closed up 0.03 percent on Wednesday, November 20, 2024, on 61 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
Hammer Candlestick Bullish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Multiple of Ten Bullish Other 0.00%
NR7 Range Contraction 0.03%
NR7-2 Range Contraction 0.03%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 22 hours ago
Down 1% about 22 hours ago
Possible NR7 1 day ago
Down 2 % 2 days ago
Gapped Down (Full) 2 days ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Independent Bank Corp. Description

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides banking products and services in Massachusetts. Its deposit products include demand deposits, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit. The company's loan product portfolio comprises commercial loans, including commercial and industrial loans, asset-based loans, commercial real estate loans, commercial construction loans, and small business loans; and consumer loans consisting of residential real estate loans, home equity loans, installment loans, overdraft protection, auto loans, unsecured loans, and loans secured by deposit accounts, as well as loans to purchase motorcycles, recreational vehicles, or boats. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions. The company operates through 74 full service and 3 limited service retail branches, 10 commercial banking centers, 4 investment management offices, and 3 mortgage lending centers in eastern Massachusetts; and an investment management group/commercial lending office in Rhode Island. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Investment Management Banking Bank Deposit Products Loan Real Estate Loans Commercial Banking Commercial Bank Trust Services Demand Deposit Boat Banking Products Business Loans Residential Real Estate Loans Mortgage Lending Retail Branches

Is INDB 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 75.63
52 Week Low 44.168
Average Volume 304,318
200-Day Moving Average 54.99
50-Day Moving Average 63.19
20-Day Moving Average 68.00
10-Day Moving Average 72.07
Average True Range 2.24
RSI (14) 60.63
ADX 34.54
+DI 28.75
-DI 17.43
Chandelier Exit (Long, 3 ATRs) 68.90
Chandelier Exit (Short, 3 ATRs) 67.83
Upper Bollinger Bands 77.38
Lower Bollinger Band 58.61
Percent B (%b) 0.65
BandWidth 27.61
MACD Line 2.76
MACD Signal Line 2.76
MACD Histogram -0.0043
Fundamentals Value
Market Cap 3.04 Billion
Num Shares 42.9 Million
EPS 5.42
Price-to-Earnings (P/E) Ratio 13.06
Price-to-Sales 3.21
Price-to-Book 0.78
PEG Ratio 11.00
Dividend 2.20
Dividend Yield 3.11%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 72.22
Resistance 3 (R3) 72.08 71.47 71.99
Resistance 2 (R2) 71.47 71.11 71.54 71.91
Resistance 1 (R1) 71.14 70.89 71.31 71.28 71.83
Pivot Point 70.53 70.53 70.61 70.60 70.53
Support 1 (S1) 70.20 70.17 70.37 70.34 69.79
Support 2 (S2) 69.59 69.95 69.66 69.71
Support 3 (S3) 69.26 69.59 69.64
Support 4 (S4) 69.40