(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 2024-05-16 View latest technical analysis
10 day averaged volume of Independent Bank is 209112
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 52.70 | 51.98 | 52.84 | 51.65 | 0.764 times |
| 15 Wed May 2024 | 52.19 | 53.21 | 53.24 | 52.01 | 0.913 times |
| 14 Tue May 2024 | 52.65 | 52.38 | 52.76 | 51.91 | 0.766 times |
| 13 Mon May 2024 | 51.96 | 52.24 | 52.54 | 51.80 | 0.79 times |
| 10 Fri May 2024 | 51.80 | 51.81 | 52.21 | 51.10 | 0.851 times |
| 09 Thu May 2024 | 51.91 | 51.38 | 52.06 | 51.18 | 1.044 times |
| 08 Wed May 2024 | 51.22 | 50.33 | 51.29 | 50.02 | 1.128 times |
| 07 Tue May 2024 | 50.74 | 51.76 | 51.86 | 50.67 | 0.771 times |
| 06 Mon May 2024 | 51.50 | 51.95 | 52.31 | 51.41 | 1.005 times |
| 03 Fri May 2024 | 51.92 | 52.32 | 52.32 | 51.32 | 1.265 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.5, but if it comes below 52.5, then a intra day sell could be more profitable.
If you take a sell trade below 52.5, then use 52.5 as stoploss and 51.69 as target. However if you take a buy trade in stock , then use 52.5 as stoploss and 53.4 as target.
Share price targets for Independent Bank (INDB)
| Target Type | Value |
| Downside Target | 46.80 |
| Downside Target | 49.96 |
| Upside Target | 52.95 |
| Upside Target | 53.16 |
| Upside Target | 53.24 |
| Upside Target | 53.44 |
| Upside Target | 55.93 |
| Upside Target | 57.44 |
| Upside Target | 66.65 |
Intraday share price targets for Independent Bank (INDB)
| Target Type | Value |
| Downside Intraday Target | 51.82 |
| Downside Intraday Target | 50.94 |
| Upside Intraday Target | 53.41 |
| Upside Intraday Target | 54.12 |
| Downside Intraday Target | 52.53 |
Weekly technical analysis of Independent Bank (INDB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 52.70 | 52.24 | 53.24 | 51.65 | 0.674 times |
| 10 Fri May 2024 | 51.80 | 51.95 | 52.31 | 50.02 | 0.768 times |
| 03 Fri May 2024 | 51.92 | 52.88 | 53.44 | 50.10 | 0.796 times |
| 26 Fri Apr 2024 | 52.73 | 50.38 | 53.16 | 49.96 | 1.225 times |
| 19 Fri Apr 2024 | 50.56 | 48.74 | 50.77 | 47.69 | 0.885 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 |
| 16 Thu May 2024 | 52.70 | 50.64 | 53.24 | 50.02 | 0.407 times |
| 30 Tue Apr 2024 | 50.24 | 52.47 | 53.44 | 46.80 | 1.025 times |
| 28 Thu Mar 2024 | 52.02 | 51.77 | 52.95 | 48.49 | 1.079 times |
| 29 Thu Feb 2024 | 52.17 | 56.69 | 57.44 | 50.10 | 0.992 times |
Scroll below to view daily charts
Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Independent Bank ( (INDB) ) based on a short 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.
Price action analysis of Independent Bank ( (INDB) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Independent Bank in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Independent Bank in short term but SELL signal is weak.
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 51.83 and Independent Bank (INDB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Independent Bank ( (INDB) ) based on a short 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.
Price action analysis of Independent Bank ( (INDB) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Independent Bank in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Independent Bank in short term but SELL signal is weak.
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 51.83 and Independent Bank (INDB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.