Independent Bank (INDB, $64.85) price may drop as it broke higher Bollinger Band on May 12, 2025

#RegionalBanks, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap, #Russel2000
INDB - Independent Bank Corp
Bollinger signal
Bearish Trend
73%
Odds of DOWN Trend
Price: $64.85
Daily change: +$3 (+4.85%)
Daily volume: 346.2K
Capitalization: $2.8B
Industry: Regional Banks

This price move could be a signal that INDB may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 44 similar cases where INDB's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 73%.