Trend Table for INDB - Independent Bank Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 18	B	Weak or Absent	Up	Up	Flat	-25.34%
Nov 17	B	Weak or Absent	Up	Up	Down	-24.34%
Nov 16	B	Weak or Absent	Up	Up	Down	-24.68%
Nov 15	B	Weak or Absent	Up	Up	Flat	-25.01%
Nov 14	B	Strong	Up	Up	Down	-24.93%
Nov 11	B	Strong	Up	Up	Flat	-25.54%
Nov 10	A	Strong	Up	Up	Up	-27.19%
Nov 9	A	Strong	Up	Up	Flat	-25.21%
Nov 8	A	Strong	Up	Up	Up	-25.72%
Nov 7	A	Strong	Up	Up	Up	-26.04%