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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 2024-06-06 View latest technical analysis

10 day averaged volume of Independent Bank is 212370

Date Daily Closing Price Open High Low Volume
06 Thu Jun 2024 49.99 49.80 50.29 49.37 0.443 times
05 Wed Jun 2024 49.77 50.21 50.38 49.20 0.797 times
04 Tue Jun 2024 49.97 49.52 50.14 49.32 0.842 times
03 Mon Jun 2024 50.01 51.41 51.41 49.89 0.544 times
31 Fri May 2024 50.79 50.73 51.39 50.54 0.966 times
30 Thu May 2024 50.43 50.04 50.89 49.68 0.674 times
29 Wed May 2024 49.53 49.55 49.72 48.79 0.912 times
28 Tue May 2024 50.32 50.91 51.30 50.12 0.631 times
23 Thu May 2024 51.29 54.21 54.28 51.00 1.407 times
22 Wed May 2024 54.06 53.04 54.28 52.82 2.209 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.2, but if it comes above 50.2, then a intra day buy could be more profitable.
If you take a sell trade below 50.2, then use 50.2 as stoploss and 48.6 as target. However if you take a buy trade in stock , then use 50.2 as stoploss and 51.48 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 48.99
Downside Intraday Target 47.99
Upside Intraday Target 51.2
Upside Intraday Target 52.41
Upside Intraday Target 50.2

Weekly technical analysis of Independent Bank (INDB)

Date Weekly Closing Price Open High Low Volume
06 Thu Jun 2024 49.99 51.41 51.41 49.20 0.825 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
06 Thu Jun 2024 49.99 51.41 51.41 49.20 0.122 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Independent Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.21 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Independent Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.21 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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