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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 2024-10-07 View latest technical analysis

10 day averaged volume of Independent Bank is 244200

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	57.46	57.97	58.25	57.10	0.835 times
04 Fri Oct 2024	57.97	58.24	58.74	57.30	1.058 times
03 Thu Oct 2024	57.21	56.66	57.26	56.23	0.759 times
02 Wed Oct 2024	57.04	57.14	57.92	56.89	0.838 times
01 Tue Oct 2024	57.27	58.98	58.98	56.91	1.322 times
30 Mon Sep 2024	59.13	57.91	59.79	57.87	0.819 times
27 Fri Sep 2024	58.44	59.92	59.92	58.03	1.056 times
26 Thu Sep 2024	59.08	59.56	59.56	58.75	1.69 times
25 Wed Sep 2024	58.86	59.41	59.42	58.69	0.67 times
24 Tue Sep 2024	59.52	60.65	61.20	59.50	0.881 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.8, but if it comes above 57.8, then a intra day buy could be more profitable.
If you take a sell trade below 57.8, then use 57.8 as stoploss and 55.8 as target. However if you take a buy trade in stock , then use 57.8 as stoploss and 59.49 as target.

Share price targets for Independent Bank (INDB)

Target Type	Value
Downside Target	45.11
Downside Target	47.43
Downside Target	51.41
Downside Target	56.23
Upside Target	59.79
Upside Target	59.86
Upside Target	60.85
Upside Target	61.20
Upside Target	64.07
Upside Target	64.15
Upside Target	65.79

Intraday share price targets for Independent Bank (INDB)

Target Type	Value
Downside Intraday Target	56.96
Downside Intraday Target	56.45
Upside Intraday Target	58.11
Upside Intraday Target	58.75
Upside Intraday Target	57.6

Weekly technical analysis of Independent Bank (INDB)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	57.46	57.97	58.25	57.10	0.174 times
04 Fri Oct 2024	57.97	57.91	59.79	56.23	0.921 times
27 Fri Sep 2024	58.44	60.88	61.20	58.03	0.477 times
20 Fri Sep 2024	60.59	61.01	64.15	59.86	3.195 times
13 Fri Sep 2024	60.80	60.03	60.85	57.01	1.518 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 Mon Oct 2024	57.46	58.98	58.98	56.23	0.213 times
30 Mon Sep 2024	59.13	62.45	64.15	57.01	1.276 times
30 Fri Aug 2024	63.31	63.72	64.07	56.52	0.584 times
31 Wed Jul 2024	64.15	50.11	65.79	47.43	1.099 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 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 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 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 58.23 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.