Trend Table for INDB - Independent Bank Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	D	Weak or Absent	Up	Down	Down	11.45%
Jan 30	D	Weak or Absent	Up	Down	Down	4.59%
Jan 29	D	Weak or Absent	Up	Down	Flat	3.79%
Jan 26	D	Weak or Absent	Up	Down	Down	5.26%
Jan 25	D	Strong	Up	Down	Down	5.92%
Jan 24	D	Strong	Up	Down	Down	4.36%
Jan 23	C	Strong	Up	Flat	Down	2.95%
Jan 22	C	Strong	Up	Up	Down	1.13%
Jan 19	D	Strong	Up	Flat	Down	3.80%
Jan 18	C	Strong	Up	Up	Down	2.43%