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(INDB) Independent Bank complete technical analysis [charts+indicators] | Buy/Sell Independent Bank | (INDB) share price targets

Complete technical analysis of Independent Bank (INDB) by charts plus indicators, forecast predictions and share price targets for Independent Bank (INDB)

Independent Bank trades in USA in Finance sector.

Showing technical analysis as on 2024-01-26 View latest technical analysis

10 day averaged volume of Independent Bank is 250850

Date Daily Closing Price Open High Low Volume
26 Fri Jan 2024 59.39 59.49 60.14 59.02 0.896 times
25 Thu Jan 2024 59.02 60.87 60.99 58.78 1.286 times
24 Wed Jan 2024 59.90 61.27 62.03 59.82 1.397 times
23 Tue Jan 2024 60.72 62.48 62.48 60.51 1.278 times
22 Mon Jan 2024 61.81 60.55 61.86 60.03 1.187 times
19 Fri Jan 2024 60.22 62.99 62.99 58.98 1.515 times
18 Thu Jan 2024 61.03 61.11 61.48 60.48 0.835 times
17 Wed Jan 2024 60.61 60.04 61.56 58.31 0.686 times
16 Tue Jan 2024 61.17 61.30 62.39 60.94 0.813 times
12 Fri Jan 2024 62.65 64.00 64.68 61.93 0.502 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.4, but if it comes above 60.4, then a intra day buy could be more profitable.
If you take a sell trade below 60.4, then use 60.4 as stoploss and 58.1 as target. However if you take a buy trade in stock , then use 60.4 as stoploss and 62.28 as target.

Share price targets for Independent Bank (INDB)

Target Type Value
Downside Target 44.63
Downside Target 47.30
Downside Target 48.51
Downside Target 50.64
Downside Target 55.79
Downside Target 57.23
Upside Target 61.70
Upside Target 62.99
Upside Target 64.68
Upside Target 66.65
Upside Target 68.75

Intraday share price targets for Independent Bank (INDB)

Target Type Value
Downside Intraday Target 57.95
Downside Intraday Target 56.52
Upside Intraday Target 61.65
Upside Intraday Target 63.92
Upside Intraday Target 60.22

Weekly technical analysis of Independent Bank (INDB)

Date Weekly Closing Price Open High Low Volume
26 Fri Jan 2024 59.39 60.55 62.48 58.78 1.57 times
19 Fri Jan 2024 60.22 61.30 62.99 58.31 7.668 times
12 Fri Jan 2024 62.65 64.00 64.68 61.93 0.108 times
12 Fri Jan 2024 62.65 63.69 64.68 61.93 1.552 times
05 Fri Jan 2024 63.68 65.12 66.65 61.70 4.335 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Independent Bank (INDB)

Date Monthly Closing Price Open High Low Volume
26 Fri Jan 2024 59.39 65.12 66.65 58.31 0.78 times
29 Fri Dec 2023 65.81 56.60 68.75 55.79 1.354 times
30 Thu Nov 2023 57.02 49.05 58.17 48.51 0.975 times
31 Tue Oct 2023 48.80 49.06 50.64 44.63 0.81 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Independent Bank (INDB)

Price action analysis of Independent Bank ( (INDB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Independent Bank ( (INDB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Independent Bank stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Independent Bank in short term and the sell signal is strong.

Independent Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Independent Bank in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Independent Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.48 and Independent Bank (INDB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Independent Bank (INDB) stock. Volume based technical analysis of Independent Bank (INDB) stock is negative.

Independent Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Independent Bank ( (INDB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Independent Bank ( (INDB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Independent Bank stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Independent Bank in short term and the sell signal is strong.

Independent Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Independent Bank in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Independent Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.48 and Independent Bank (INDB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Independent Bank (INDB) stock. Volume based technical analysis of Independent Bank (INDB) stock is negative.

Independent Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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