(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 2024-06-07 View latest technical analysis
10 day averaged volume of Independent Bank is 200160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 49.67 | 49.26 | 50.02 | 49.18 | 0.813 times |
| 06 Thu Jun 2024 | 49.99 | 49.80 | 50.29 | 49.37 | 0.47 times |
| 05 Wed Jun 2024 | 49.77 | 50.21 | 50.38 | 49.20 | 0.845 times |
| 04 Tue Jun 2024 | 49.97 | 49.52 | 50.14 | 49.32 | 0.894 times |
| 03 Mon Jun 2024 | 50.01 | 51.41 | 51.41 | 49.89 | 0.578 times |
| 31 Fri May 2024 | 50.79 | 50.73 | 51.39 | 50.54 | 1.025 times |
| 30 Thu May 2024 | 50.43 | 50.04 | 50.89 | 49.68 | 0.715 times |
| 29 Wed May 2024 | 49.53 | 49.55 | 49.72 | 48.79 | 0.967 times |
| 28 Tue May 2024 | 50.32 | 50.91 | 51.30 | 50.12 | 0.669 times |
| 23 Thu May 2024 | 51.29 | 54.21 | 54.28 | 51.00 | 1.493 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50, but if it comes above 50, then a intra day buy could be more profitable.
If you take a sell trade below 50, then use 50 as stoploss and 48.4 as target. However if you take a buy trade in stock , then use 50 as stoploss and 51.41 as target.
Share price targets for Independent Bank (INDB)
| Target Type | Value |
| Downside Target | 46.80 |
| Downside Target | 48.49 |
| Upside Target | 51.41 |
| Upside Target | 51.65 |
| Upside Target | 52.31 |
| Upside Target | 52.95 |
| Upside Target | 53.25 |
| Upside Target | 53.44 |
| Upside Target | 54.28 |
| Upside Target | 57.44 |
Intraday share price targets for Independent Bank (INDB)
| Target Type | Value |
| Downside Intraday Target | 48.76 |
| Downside Intraday Target | 47.86 |
| Upside Intraday Target | 50.99 |
| Upside Intraday Target | 52.32 |
| Upside Intraday Target | 50.09 |
Weekly technical analysis of Independent Bank (INDB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 49.67 | 51.41 | 51.41 | 49.18 | 1.066 times |
| 31 Fri May 2024 | 50.79 | 50.91 | 51.39 | 48.79 | 0.59 times |
| 23 Thu May 2024 | 51.29 | 53.04 | 54.28 | 51.00 | 1.38 times |
| 17 Fri May 2024 | 52.95 | 52.24 | 53.25 | 51.65 | 0.827 times |
| 10 Fri May 2024 | 51.80 | 51.95 | 52.31 | 50.02 | 0.768 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 |
| 07 Fri Jun 2024 | 49.67 | 51.41 | 51.41 | 49.18 | 0.157 times |
| 31 Fri May 2024 | 50.79 | 50.64 | 54.28 | 48.79 | 0.715 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 |
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 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 Weak 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 green color and prices are in or below the green 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 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 50.27 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 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 Weak 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 green color and prices are in or below the green 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 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 50.27 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.