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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 2024-09-24 View latest technical analysis

10 day averaged volume of Independent Bank is 355170

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	59.52	60.65	61.20	59.50	0.606 times
23 Mon Sep 2024	60.60	60.88	60.92	60.02	0.624 times
20 Fri Sep 2024	60.59	61.85	62.29	60.29	3.171 times
19 Thu Sep 2024	62.40	63.78	63.81	61.31	1.262 times
18 Wed Sep 2024	62.11	62.13	64.15	61.05	0.925 times
17 Tue Sep 2024	62.12	62.24	63.85	61.43	0.673 times
16 Mon Sep 2024	61.44	61.01	62.06	59.86	1.472 times
13 Fri Sep 2024	60.80	59.89	60.85	59.12	0.543 times
12 Thu Sep 2024	59.11	59.26	59.65	58.14	0.354 times
11 Wed Sep 2024	58.91	59.17	59.17	57.01	0.567 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.8, but if it comes above 59.8, then a intra day buy could be more profitable.
If you take a sell trade below 59.8, then use 59.8 as stoploss and 58.1 as target. However if you take a buy trade in stock , then use 59.8 as stoploss and 61.23 as target.

Share price targets for Independent Bank (INDB)

Target Type	Value
Downside Target	45.11
Downside Target	47.43
Downside Target	48.79
Downside Target	51.41
Downside Target	54.28
Downside Target	56.52
Downside Target	59.50
Upside Target	62.74
Upside Target	63.41
Upside Target	63.65
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	58.95
Downside Intraday Target	58.37
Upside Intraday Target	60.65
Upside Intraday Target	61.77
Upside Intraday Target	60.07

Weekly technical analysis of Independent Bank (INDB)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	59.52	60.88	61.20	59.50	0.164 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
06 Fri Sep 2024	59.97	62.45	63.41	59.63	3.059 times
30 Fri Aug 2024	63.31	63.18	63.65	62.74	0.207 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
24 Tue Sep 2024	59.52	62.45	64.15	57.01	1.037 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
28 Fri Jun 2024	50.72	51.41	51.41	45.11	1.468 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 but the sell signal is initial and weak.

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 getting stronger in this stock.

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 BUY signal in short term but buying 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 60.98 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.