(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 2024-02-12 View latest technical analysis
10 day averaged volume of Independent Bank is 434740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 54.29 | 53.15 | 54.99 | 53.08 | 0.757 times |
| 09 Fri Feb 2024 | 52.94 | 52.30 | 53.48 | 51.42 | 0.867 times |
| 08 Thu Feb 2024 | 52.60 | 53.12 | 53.63 | 52.26 | 0.7 times |
| 07 Wed Feb 2024 | 53.28 | 54.04 | 54.04 | 52.31 | 0.666 times |
| 06 Tue Feb 2024 | 53.84 | 54.90 | 55.74 | 53.40 | 0.543 times |
| 05 Mon Feb 2024 | 54.70 | 54.86 | 55.44 | 54.11 | 0.957 times |
| 02 Fri Feb 2024 | 55.75 | 53.61 | 56.42 | 53.61 | 1.254 times |
| 01 Thu Feb 2024 | 54.60 | 56.69 | 57.44 | 52.76 | 1.982 times |
| 31 Wed Jan 2024 | 56.09 | 58.90 | 59.68 | 55.93 | 1.004 times |
| 30 Tue Jan 2024 | 59.77 | 60.20 | 60.38 | 59.75 | 0.854 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.4, but if it comes above 54.4, then a intra day buy could be more profitable.
If you take a sell trade below 54.4, then use 54.4 as stoploss and 50.6 as target. However if you take a buy trade in stock , then use 54.4 as stoploss and 57.6 as target.
Share price targets for Independent Bank (INDB)
| Target Type | Value |
| Downside Target | 44.63 |
| Downside Target | 48.51 |
| Downside Target | 50.64 |
| Downside Target | 52.76 |
| Upside Target | 54.99 |
| Upside Target | 57.44 |
| Upside Target | 58.31 |
| Upside Target | 58.78 |
| Upside Target | 60.38 |
| Upside Target | 62.48 |
| Upside Target | 62.99 |
| Upside Target | 66.65 |
| Upside Target | 68.75 |
Intraday share price targets for Independent Bank (INDB)
| Target Type | Value |
| Downside Intraday Target | 53.25 |
| Downside Intraday Target | 52.21 |
| Upside Intraday Target | 55.16 |
| Upside Intraday Target | 56.03 |
| Downside Intraday Target | 54.12 |
Weekly technical analysis of Independent Bank (INDB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 54.29 | 53.15 | 54.99 | 53.08 | 0.203 times |
| 09 Fri Feb 2024 | 52.94 | 54.86 | 55.74 | 51.42 | 0.596 times |
| 02 Fri Feb 2024 | 55.75 | 59.66 | 60.38 | 52.76 | 1.797 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 |
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 |
| 12 Mon Feb 2024 | 54.29 | 56.69 | 57.44 | 51.42 | 0.575 times |
| 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 |
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
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 54.92 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
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 54.92 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.