Independent Bank (INDB) Technical Analysis: Signals, Charts & Indicators

2.96 / 10

Underperform

Technical score is 2.96/10 (Underperform). MACD Death Cross offers slight neutrality, but RSI overbought, long lower shadow, and Marubozu White patterns dominate as bearish, suggesting a weak market condition and downside risk.

Analysis Checks(1/4)

Long Lower Shadow

Score1.52/10

Win Rate37.50%

Hist. Signals8

Avg Return-0.68%

RSI Overbought

Score1/10

Win Rate28.57%

Hist. Signals14

Avg Return-0.05%

MACD Death Cross

Score6.52/10

Win Rate62.50%

Hist. Signals8

Avg Return0.75%

Marubozu White

Score2.79/10

Win Rate46.15%

Hist. Signals26

Avg Return0.47%

Technical Analysis of INDB?

INDB presents a Underperform setup with a Technical Score of 2.96/10. Key technical indicators highlight an RSI of 38.25 and a MACD of -0.22, with the trend anchored by the 50-Day SMA at 79.19. Traders should monitor key support at 74.47 and resistance at 76.45.