(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 2024-01-31 View latest technical analysis
10 day averaged volume of Independent Bank is 315890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 56.09 | 58.90 | 59.68 | 55.93 | 1.381 times |
| 30 Tue Jan 2024 | 59.77 | 60.20 | 60.38 | 59.75 | 1.175 times |
| 29 Mon Jan 2024 | 60.23 | 59.66 | 60.33 | 59.33 | 1.615 times |
| 26 Fri Jan 2024 | 59.39 | 59.49 | 60.14 | 59.02 | 0.712 times |
| 25 Thu Jan 2024 | 59.02 | 60.87 | 60.99 | 58.78 | 1.021 times |
| 24 Wed Jan 2024 | 59.90 | 61.27 | 62.03 | 59.82 | 1.109 times |
| 23 Tue Jan 2024 | 60.72 | 62.48 | 62.48 | 60.51 | 1.015 times |
| 22 Mon Jan 2024 | 61.81 | 60.55 | 61.86 | 60.03 | 0.942 times |
| 19 Fri Jan 2024 | 60.22 | 62.99 | 62.99 | 58.98 | 1.203 times |
| 18 Thu Jan 2024 | 61.03 | 61.11 | 61.48 | 60.48 | 0.663 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 56.9, for a target of 59.3 or 61.39
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 |
| Upside Target | 57.23 |
| Upside Target | 60.38 |
| 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 | 54.55 |
| Downside Intraday Target | 53.02 |
| Upside Intraday Target | 59 |
| Upside Intraday Target | 61.92 |
| Upside Intraday Target | 57.47 |
Weekly technical analysis of Independent Bank (INDB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 56.09 | 59.66 | 60.38 | 55.93 | 0.869 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 down 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 |
| 31 Wed Jan 2024 | 56.09 | 65.12 | 66.65 | 55.93 | 1.007 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 neutral. A longer time frame might give a better analysis.
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 coming down
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
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 59.68 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 neutral. A longer time frame might give a better analysis.
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 coming down
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
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 59.68 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.