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(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 2024-06-21 View latest technical analysis

10 day averaged volume of Independent Bank is 357800

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 46.43 45.37 46.72 45.11 3.128 times
20 Thu Jun 2024 46.96 46.42 46.97 46.03 0.839 times
18 Tue Jun 2024 46.51 46.50 47.00 45.78 1.051 times
18 Tue Jun 2024 46.51 46.50 47.00 45.78 1.051 times
17 Mon Jun 2024 46.52 46.10 46.80 45.29 1.849 times
14 Fri Jun 2024 46.48 47.28 47.52 46.39 0.653 times
13 Thu Jun 2024 47.72 48.68 48.74 47.15 1.061 times
12 Wed Jun 2024 48.69 48.45 49.43 48.06 0.986 times
11 Tue Jun 2024 47.25 47.31 47.54 46.60 0.868 times
10 Mon Jun 2024 47.78 49.08 49.08 47.63 1.187 times

Stock of Independent Bank (INDB) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47, but if it comes above 47, then a intra day buy could be more profitable.
If you take a sell trade below 47, then use 47 as stoploss and 45 as target. However if you take a buy trade in stock , then use 47 as stoploss and 48.63 as target.

Share price targets for Independent Bank (INDB)

Target Type Value
Downside Target 45.11
Downside Target 46.39
Upside Target 48.49
Upside Target 50.10
Upside Target 51.39
Upside Target 51.41
Upside Target 52.95
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 45.36
Downside Intraday Target 44.29
Upside Intraday Target 47.25
Upside Intraday Target 48.07
Downside Intraday Target 46.18

Weekly technical analysis of Independent Bank (INDB)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 46.43 46.50 47.00 45.11 1.73 times
18 Tue Jun 2024 46.51 46.10 47.00 45.29 0.61 times
14 Fri Jun 2024 46.48 49.08 49.43 46.39 2.361 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

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
21 Fri Jun 2024 46.43 51.41 51.41 45.11 1.146 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 46.96 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 46.96 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

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