INDEPENDENT BANK CORP/MA (INDB) Stock Technical Analysis
NASDAQ:INDB - Nasdaq - US4538361084 - Common Stock - Currency: USD
Overall INDB gets a technical rating of 4 out of 10. INDB has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month INDB has a been trading in the 52.15 - 62.91 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that INDB is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
INDB is part of the Banks industry. There are 397 other stocks in this industry, INDB did better than 53% of them.
INDB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
INDB has an average technical rating and it also does not offer a high quality setup 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
45.15
72.40
3 important support areas can be observed.
- A support zone ranging from 53.61 to 54.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.16 from a trend line in the weekly time frame.
- Support @45.61 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 64.34 to 64.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @67.80 from a trend line in the daily time frame.
- A resistance zone ranging from 69.80 to 70.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @71.68 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.24
Mansfield0.18
10 Day High62.92
10 Day Low56.65
20 Day High62.92
20 Day Low52.15
52 Week High77.23
52 Week Low45.11
Performance
1 Week3.39%
2 Weeks7.55%
1 Month11.58%
3 Month-12.23%
6 Month-15.02%
12 Month18.26%
2 Year38.79%
3 Year-26.46%
5 Year-11.82%
10 Year35.8%
15 Year152.93%
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)0.89
RSI(14)57.06
LBB53.91
UBB63.09
NASDAQ:INDB (5/7/2025, 10:13:21 AM)
61.94
+0.68 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.11%
1 Week3.39%
2 Weeks7.55%
1 Month11.58%
3 Month-12.23%
6 Month-15.02%
12 Month18.26%
2 Year38.79%
3 Year-26.46%
5 Year-11.82%
10 Year35.8%
15 Year152.93%
Volatility
ATR(14)2.02
ATR(20)%4.13%
ATR Inc-24.46%
Range Today0.43
ADR(20)2.43
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.24
Mansfield0.18
10 Day High62.92
10 Day Low56.65
20 Day High62.92
20 Day Low52.15
52 Week High77.23
52 Week Low45.11
CS1 End54.3
CR1 Start64.34
Volume & EV
DER(3)-2.8%
DER(5)-1.35%
Volume13.64K
Volume Incr-17.72%
Vol(5)313.32K
Vol(50)354.39K