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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 2024-06-03 View latest technical analysis

10 day averaged volume of Independent Bank is 213523

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	50.01	51.41	51.41	49.89	0.541 times
31 Fri May 2024	50.79	50.73	51.39	50.54	0.961 times
30 Thu May 2024	50.43	50.04	50.89	49.68	0.67 times
29 Wed May 2024	49.53	49.55	49.72	48.79	0.907 times
28 Tue May 2024	50.32	50.91	51.30	50.12	0.628 times
23 Thu May 2024	51.29	54.21	54.28	51.00	1.399 times
22 Wed May 2024	54.06	53.04	54.28	52.82	2.197 times
21 Tue May 2024	53.19	52.71	53.26	52.61	1.013 times
20 Mon May 2024	52.92	53.04	53.40	52.74	0.757 times
17 Fri May 2024	52.95	52.93	53.25	52.72	0.721 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.6, but if it comes above 50.6, then a intra day buy could be more profitable.
If you take a sell trade below 50.6, then use 50.6 as stoploss and 49.2 as target. However if you take a buy trade in stock , then use 50.6 as stoploss and 51.7 as target.

Share price targets for Independent Bank (INDB)

Target Type	Value
Downside Target	46.80
Downside Target	48.49
Downside Target	49.89
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	49.46
Downside Intraday Target	48.92
Upside Intraday Target	50.98
Upside Intraday Target	51.96
Upside Intraday Target	50.44

Weekly technical analysis of Independent Bank (INDB)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	50.01	51.41	51.41	49.89	0.171 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
03 Mon Jun 2024	50.01	51.41	51.41	49.89	0.025 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 weakening, and bulls are picking up momentum!

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

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 51.95 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.