Trend Table for INDB - Independent Bank Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 8	B	Weak or Absent	Down	Up	Flat	16.44%
Sep 7	B	Weak or Absent	Down	Flat	Flat	17.55%
Sep 6	B	Weak or Absent	Down	Up	Flat	17.24%
Sep 5	B	Weak or Absent	Down	Up	Up	15.19%
Sep 1	C	Weak or Absent	Down	Up	Up	12.74%
Aug 31	C	Strong	Down	Up	Flat	16.96%
Aug 30	C	Strong	Down	Up	Flat	17.07%
Aug 29	C	Strong	Down	Up	Flat	17.52%
Aug 28	C	Strong	Down	Up	Down	18.67%
Aug 25	B	Strong	Down	Flat	Down	19.77%