INDEPENDENT BANK CORP/MA (INDB) Technical Analysis
NASDAQ:INDB • US4538361084
Current stock price
INDB Technical Rating and Analysis
Taking everything into account, INDB scores 5 out of 10 in our technical rating. INDB has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- INDB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so INDB is lagging the market slightly.
- In the last month INDB has a been trading in the 73.30 - 81.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, INDB turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- INDB is an average performer in the Banks industry, it outperforms 49% of 376 stocks in the same industry.
INDB Weekly and Daily overview Charts
INDB Setup Rating and Analysis
INDB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 77.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INDB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
INDB Support and Resistance Analysis
62.41
When analyzing the support we can see 4 important areas.
- A support zone ranging from 77.47 to 78.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 75.14 to 75.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 73.08 to 73.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @63.04 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @79.89 from a trend line in the daily time frame.
- A resistance zone ranging from 86.01 to 86.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
INDB Technical Indicator Signal Analysis
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 INDB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INDB is neutral. |
| ChartMill Relative Strength | 61.79 | NEUTRAL | INDB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INDB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INDB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INDB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.59 | NEUTRAL | The RSI value for INDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests INDB has a negative trend. |
| Stochastics (14,3) | 23.78 | NEUTRAL | The Stochastics value for INDB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for INDB suggests some volalility. |
| Average Directional Index/ADX (14) | 12.22 | NEGATIVE | The low ADX value for INDB suggests a weak or negative trend. |
INDB Chart- and CandleStick Pattern Analysis
INDB Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:INDB (4/28/2026, 12:42:41 PM)
78.8
+0.7 (+0.9%)
INDEPENDENT BANK CORP/MA / INDB TA FAQ
Can you provide the ChartMill technical rating for INDEPENDENT BANK CORP/MA?
ChartMill assigns a technical rating of 5 / 10 to INDB.
What is the trend direction for INDB stock?
The current trend direction for INDEPENDENT BANK CORP/MA (INDB) is Bullish.
Can you provide the RSI signal for INDEPENDENT BANK CORP/MA?
INDEPENDENT BANK CORP/MA (INDB) has an RSI value of 50.5857. This indicates that the stock is currently neutral.
What is the MACD signal for INDEPENDENT BANK CORP/MA (INDB) stock?
The MACD indicator for INDEPENDENT BANK CORP/MA (INDB) has a value of -0.0920079, indicating a bearish trend.
Can you provide the support and resistance levels for INDEPENDENT BANK CORP/MA?
INDEPENDENT BANK CORP/MA (INDB) has a support level at 77.98 and a resistance level at 78.2. Check the full technical report for our detailed analysis of INDB support and resistance levels.