Trend Table for INDB - Independent Bank Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	D	Weak or Absent	Down	Flat	Down	23.96%
May 23	D	Weak or Absent	Down	Up	Down	23.04%
May 22	B	Weak or Absent	Up	Up	Up	16.74%
May 21	D	Weak or Absent	Flat	Up	Up	18.65%
May 20	D	Weak or Absent	Down	Up	Up	19.25%
May 17	D	Weak or Absent	Down	Up	Up	19.19%
May 16	D	Weak or Absent	Down	Up	Up	19.75%
May 15	D	Weak or Absent	Down	Up	Up	20.92%
May 14	C	Weak or Absent	Down	Up	Up	19.87%
May 13	C	Weak or Absent	Down	Up	Up	21.46%