Mobile app version of munafa.best
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-13 View latest technical analysis

10 day averaged volume of Independent Bank is 215680

Date Daily Closing Price Open High Low Volume
13 Thu Jun 2024 47.72 48.68 48.74 47.15 1.76 times
12 Wed Jun 2024 48.69 48.45 49.43 48.06 1.636 times
11 Tue Jun 2024 47.25 47.31 47.54 46.60 1.439 times
10 Mon Jun 2024 47.78 49.08 49.08 47.63 1.969 times
07 Fri Jun 2024 49.67 49.26 50.02 49.18 0.755 times
06 Thu Jun 2024 49.99 49.80 50.29 49.37 0.436 times
05 Wed Jun 2024 49.77 50.21 50.38 49.20 0.784 times
04 Tue Jun 2024 49.97 49.52 50.14 49.32 0.829 times
03 Mon Jun 2024 50.01 51.41 51.41 49.89 0.536 times
31 Fri May 2024 50.79 50.73 51.39 50.54 0.951 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.7, but if it comes above 48.7, then a intra day buy could be more profitable.
If you take a sell trade below 48.7, then use 48.7 as stoploss and 46.4 as target. However if you take a buy trade in stock , then use 48.7 as stoploss and 50.56 as target.

Share price targets for Independent Bank (INDB)

Target Type Value
Downside Target 46.60
Upside Target 48.49
Upside Target 51.41
Upside Target 51.65
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 46.4
Downside Intraday Target 45.09
Upside Intraday Target 49.23
Upside Intraday Target 50.75
Upside Intraday Target 47.92

Weekly technical analysis of Independent Bank (INDB)

Date Weekly Closing Price Open High Low Volume
13 Thu Jun 2024 47.72 49.08 49.43 46.60 2.037 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Independent Bank (INDB)

Date Monthly Closing Price Open High Low Volume
13 Thu Jun 2024 47.72 51.41 51.41 46.60 0.477 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 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 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 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 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 48.72 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 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 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 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 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 48.72 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme