Trend Table for INDB - Independent Bank Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	F	Very Strong	Down	Down	Down	37.88%
May 12	F	Very Strong	Down	Down	Down	40.08%
May 11	F	Very Strong	Down	Down	Down	41.07%
May 10	F	Very Strong	Down	Down	Down	37.31%
May 9	F	Very Strong	Down	Down	Down	34.45%
May 8	F	Very Strong	Down	Down	Down	33.39%
May 5	F	Very Strong	Down	Down	Down	29.13%
May 4	F	Strong	Down	Down	Down	33.89%
May 3	F	Strong	Down	Down	Down	28.48%
May 2	F	Strong	Down	Down	Down	27.77%