We assign a technical rating of 8 out of 10 to IBCP. Although IBCP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although IBCP has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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29.77
2 important support areas can be observed.
- Support @30.95 from a trend line in the weekly time frame.
- A support zone ranging from 30.07 to 30.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @35.33 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IBCP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IBCP is up. |
| ChartMill Relative Strength | 49.03 | NEUTRAL | IBCP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IBCP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IBCP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBCP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.58 | NEUTRAL | The RSI value for IBCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests IBCP has a negative trend. |
| Stochastics (14,3) | 31.02 | NEUTRAL | The Stochastics value for IBCP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for IBCP suggests some volalility. |
| Average Directional Index/ADX (14) | 34.62 | POSITIVE | The high ADX value value for IBCP suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.66 | 33.31 | 1.36 (3.92%) | 25.00% |
| An entry @34.66. This is a Buy Stop order right above the 10 day moving average. | An exit @33.30. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.36 points, which is 3.92%. | For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:IBCP (12/24/2025, 10:55:00 AM)
33.6
-0.02 (-0.06%)
INDEPENDENT BANK CORP - MICH / IBCP FAQ
What is the ChartMill technical rating of INDEPENDENT BANK CORP - MICH (IBCP) stock?
ChartMill assigns a technical rating of 8 / 10 to IBCP.
What is the current trend direction of INDEPENDENT BANK CORP - MICH (IBCP) stock?
The current trend direction for INDEPENDENT BANK CORP - MICH (IBCP) is Bullish.
What is the RSI signal for INDEPENDENT BANK CORP - MICH (IBCP) stock?
INDEPENDENT BANK CORP - MICH (IBCP) has an RSI value of 51.5765. This indicates that the stock is currently neutral.
What is the short term momentum for INDEPENDENT BANK CORP - MICH (IBCP) stock?
The short term momentum for INDEPENDENT BANK CORP - MICH (IBCP) is positive.
What is the buy/sell signal for INDEPENDENT BANK CORP - MICH (IBCP) stock?
The buy/sell signal for INDEPENDENT BANK CORP - MICH (IBCP) is buy as both the short term and long term trends are positive.