On June 22, 2022, the Stochastic Oscillator for INDB moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 60 instances where the indicator left the oversold zone. In 45 of the 60 cases the stock moved higher in the following days. This puts the odds of a move higher at over 75%.
INDB moved above its 50-day moving average on June 24, 2022 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where INDB advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .
INDB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 203 cases where INDB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for INDB moved out of overbought territory on May 31, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 09, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on INDB as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for INDB turned negative on June 10, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for INDB crossed bearishly below the 50-day moving average on June 23, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
The 50-day moving average for INDB moved below the 200-day moving average on May 18, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where INDB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. INDB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.246) is normal, around the industry mean (2.344). P/E Ratio (23.697) is within average values for comparable stocks, (15.219). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.096). Dividend Yield (0.025) settles around the average of (0.037) among similar stocks. INDB's P/S Ratio (5.580) is slightly higher than the industry average of (3.050).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a regional bank
|ETFs / NAME||Price $||Chg $||Chg %|
|Cambria Shareholder Yield ETF|
|FT Cboe Vest Nasdaq-100 Buffer ETF – Mar|
|iShares Global Healthcare ETF|
|NUVEEN INTERMEDIATE DURATION QUALITY Municipal TERM FUND|
|Revere Sector Opportunity ETF|
A.I.dvisor indicates that over the last year, INDB has been closely correlated with SASR. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if INDB jumps, then SASR could also see price increases.
|SASR - INDB|
|FBNC - INDB|
|FFBC - INDB|
|GBCI - INDB|
|UBSI - INDB|