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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 2024-01-30 View latest technical analysis

10 day averaged volume of Independent Bank is 299160

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	59.77	60.20	60.38	59.75	1.241 times
29 Mon Jan 2024	60.23	59.66	60.33	59.33	1.705 times
26 Fri Jan 2024	59.39	59.49	60.14	59.02	0.751 times
25 Thu Jan 2024	59.02	60.87	60.99	58.78	1.078 times
24 Wed Jan 2024	59.90	61.27	62.03	59.82	1.171 times
23 Tue Jan 2024	60.72	62.48	62.48	60.51	1.072 times
22 Mon Jan 2024	61.81	60.55	61.86	60.03	0.995 times
19 Fri Jan 2024	60.22	62.99	62.99	58.98	1.27 times
18 Thu Jan 2024	61.03	61.11	61.48	60.48	0.7 times
17 Wed Jan 2024	60.61	60.04	61.56	58.31	0.575 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, but if it comes above 60, then a intra day buy could be more profitable.
If you take a sell trade below 60, then use 60 as stoploss and 58 as target. However if you take a buy trade in stock , then use 60 as stoploss and 61.72 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	61.93
Upside Target	62.48
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	59.27
Downside Intraday Target	58.78
Upside Intraday Target	60.32
Upside Intraday Target	60.88
Upside Intraday Target	59.83

Weekly technical analysis of Independent Bank (INDB)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	59.77	59.66	60.38	59.33	0.581 times
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

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

Monthly technical analysis of Independent Bank (INDB)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	59.77	65.12	66.65	58.31	0.932 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Independent Bank in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.23 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.