NASDAQ:INDB - Nasdaq - US4538361084 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to INDB. INDB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of INDB is bad and it also does not present a 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.
45.15
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for INDB is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INDB is neutral. |
ChartMill Relative Strength | 73.57 | POSITIVE | INDB has a high relative strength, it outperformed 73.57% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of INDB is below 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 | MIXED | The current price of INDB is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 47.61 | 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) | 38.96 | NEUTRAL | The Stochastics value for INDB is a neutral value. |
Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for INDB suggests some volalility. |
Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for INDB suggests a weak or negative trend. |
61.18
-0.27 (-0.44%)