Trend Table for INDB - Independent Bank Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 29	F	Strong	Down	Down	Down	22.29%
Feb 28	F	Strong	Down	Down	Down	24.66%
Feb 27	F	Strong	Down	Down	Flat	21.82%
Feb 26	F	Strong	Down	Down	Down	23.57%
Feb 23	F	Strong	Down	Down	Down	21.38%
Feb 22	F	Strong	Down	Down	Down	21.25%
Feb 21	D	Strong	Flat	Down	Flat	20.42%
Feb 20	D	Strong	Up	Down	Flat	19.95%
Feb 16	D	Strong	Up	Down	Up	18.67%
Feb 15	D	Strong	Up	Down	Up	18.17%