Trend Table for INDB - Independent Bank Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 2	D	Very Strong	Up	Up	Down	-3.94%
Dec 29	D	Very Strong	Up	Up	Flat	-4.73%
Dec 28	C	Very Strong	Up	Up	Up	-7.55%
Dec 27	C	Very Strong	Up	Up	Up	-7.32%
Dec 26	C	Very Strong	Up	Up	Up	-6.92%
Dec 22	C	Very Strong	Up	Up	Up	-4.94%
Dec 21	C	Strong	Up	Up	Up	-4.01%
Dec 20	C	Strong	Up	Up	Up	-2.46%
Dec 19	C	Strong	Up	Up	Up	-4.14%
Dec 18	C	Strong	Up	Up	Up	-2.49%