Based on a composite score of 3.38/10, we rate INDB as a Netural. Our analysis breaks down into 1.34/10 for Fundamentals, 2.21/10 for Technicals, and 4.97/10 for Sentiment, indicating the stock is likely to consolidate sideways.
Technical Analysis of INDB?
INDB presents a Underperform setup with a Technical Score of 2.21/10. Key technical indicators highlight an RSI of 75.95 and a MACD of 1.39, with the trend anchored by the 50-Day SMA at 76.74. Traders should monitor key support at 84.33 and resistance at 86.16.
Is INDB undervalued or overvalued?
INDB scores 1.34/10 on fundamentals and holds a Premium valuation at present. Backed by its 3.97% ROE, 23.04% net margin, 22.47 P/E ratio, 1.19 P/B ratio, and -11.74% earnings growth, these metrics solidify its Underperform investment rating.
What is the analyst consensus for INDB?
INDB holds a Bearish analyst rating, with 0% of experts assigning a Hold grade. Factoring in net Outflows from order flow data, the comprehensive Sentiment Score stands at 4.97/10 (Netural).
Is INDB a Good Buy Right Now?
Based on a composite score of 3.38/10, we rate INDB as a Netural. Our analysis breaks down into 1.34/10 for Fundamentals, 2.21/10 for Technicals, and 4.97/10 for Sentiment, indicating the stock is likely to consolidate sideways.
Is INDB undervalued or overvalued?
INDB scores 1.34/10 on fundamentals and holds a Premium valuation at present. Backed by its 3.97% ROE, 23.04% net margin, 22.47 P/E ratio, 1.19 P/B ratio, and -11.74% earnings growth, these metrics solidify its Underperform investment rating.
Technical Analysis of INDB?
INDB presents a Underperform setup with a Technical Score of 2.21/10. Key technical indicators highlight an RSI of 75.95 and a MACD of 1.39, with the trend anchored by the 50-Day SMA at 76.74. Traders should monitor key support at 84.33 and resistance at 86.16.
What is the analyst consensus for INDB?
INDB holds a Bearish analyst rating, with 0% of experts assigning a Hold grade. Factoring in net Outflows from order flow data, the comprehensive Sentiment Score stands at 4.97/10 (Netural).
