INDEPENDENT BANK CORP/MA (INDB)
US4538361084 - Common Stock
Overall INDB gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, INDB is a bad performer.
72% of all other stocks performed better in the past year than INDB.
INDB is one of the lesser performing stocks in the Banks industry. 76% of 419 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month INDB has a been trading in the 50.65 - 62.08 range, which is quite wide. It is currently trading near the high of this range.
INDB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INDB is lagging the market.
Although INDB has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
43.70
62.23
We found 3 important support areas.
- A support zone ranging from 54.49 to 55.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.33 from a horizontal line in the daily time frame.
- Support @44.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.61 to 61.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.6
Mansfield-0.71
10 Day High62.08
10 Day Low54.83
20 Day High62.08
20 Day Low50.65
52 Week High90.31
52 Week Low43.28
Performance
1 Week3.06%
2 Weeks10.61%
1 Month19.59%
3 Month13.53%
6 Month19.77%
12 Month-30.32%
2 Year-24.44%
3 Year-15.66%
5 Year-12.39%
10 Year57.46%
15 Year135.47%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.34
RSI(14)76.55
LBB53.32
UBB62.3
INDEPENDENT BANK CORP/MA
NASDAQ:INDB (12/8/2023, 7:00:02 PM)
After market: 61.6 0 (0%)61.6
+0.54 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.88%
1 Week3.06%
2 Weeks10.61%
1 Month19.59%
3 Month13.53%
6 Month19.77%
12 Month-30.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.84
ATR(20)%3.16%
ATR Inc
Range Today2.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High62.08
10 Day Low54.83
20 Day High62.08
20 Day Low50.65
52 Week High90.31
52 Week Low43.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume137.50K
Volume Incr10.74%
Vol(5)229.64K
Vol(50)213.69K