Trend Table for INDB - Independent Bank Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 30	F	Strong	Down	Down	Down	40.79%
May 26	F	Strong	Down	Down	Down	41.38%
May 25	F	Strong	Down	Down	Down	42.42%
May 24	F	Strong	Down	Down	Down	36.99%
May 23	D	Strong	Down	Down	Up	32.89%
May 22	D	Very Strong	Down	Down	Up	32.72%
May 19	D	Very Strong	Down	Down	Flat	35.65%
May 18	D	Very Strong	Down	Down	Up	31.09%
May 17	D	Very Strong	Down	Down	Up	29.55%
May 16	F	Very Strong	Down	Down	Down	40.85%