Independent Stock Technical Analysis

INDB -  USA Stock  

USD 84.83  1.42  1.70%

As of the 25th of October, Independent retains the Risk Adjusted Performance of 0.1503, market risk adjusted performance of 0.2435, and Downside Deviation of 1.45. Independent technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for Independent Bk Corp, which can be compared to its competitors. Please check out Independent Bk Corp information ratio, value at risk, and the relationship between the standard deviation and treynor ratio to decide if Independent is priced fairly, providing market reflects its last-minute price of 84.83 per share. Given that Independent Bk Corp has jensen alpha of 0.2827, we strongly advise you to confirm Independent Bk Corp's regular market performance to make sure the company can sustain itself at a future point.

Independent Technical Analysis 

 
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Independent Analyst Consensus

Target PriceAdvice# of Analysts
80.67Strong Buy3Odds
Independent Bk Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Independent analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Independent stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Independent Bk Corp, talking to its executives and customers, or listening to Independent conference calls.
Independent Analyst Advice Details
Independent technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Independent technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Independent trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Independent Bk Corp Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Independent Bk Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Independent Bk Corp Trend Analysis

Use this graph to draw trend lines for Independent Bk Corp. You can use it to identify possible trend reversals for Independent as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Independent price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Independent Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Independent Bk Corp applied against its price change over selected period. The best fit line has a slop of   0.14  , which means Independent Bk Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 719.09, which is the sum of squared deviations for the predicted Independent price change compared to its average price change.

About Independent Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Independent Bk Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Independent Bk Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Independent Bk Corp stock first instead of the macroeconomic environment surrounding Independent Bk Corp. By analyzing Independent's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Independent's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Independent specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2018 2019 2021 (projected)
PPandE Turnover4.295.084.95
Calculated Tax Rate22.024.2726.32

Independent October 25, 2021 Technical Indicators

Most technical analysis of Independent help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Independent from various momentum indicators to cycle indicators. When you analyze Independent charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Independent October 25, 2021 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Independent stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please see Risk vs Return Analysis. Note that the Independent Bk Corp information on this page should be used as a complementary analysis to other Independent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Independent Stock analysis

When running Independent Bk Corp price analysis, check to measure Independent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent is operating at the current time. Most of Independent's value examination focuses on studying past and present price action to predict the probability of Independent's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Independent's price. Additionally, you may evaluate how the addition of Independent to your portfolios can decrease your overall portfolio volatility.
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Is Independent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Independent Bk Corp is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent's value that differs from its market value or its book value, called intrinsic value, which is Independent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent's market value can be influenced by many factors that don't directly affect Independent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent's value and its price as these two are different measures arrived at by different means. Investors typically determine Independent value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.