Is Independent Bank Corp. (Massachusetts) technically bullish or bearish?

Jun 25 2025 08:12 AM IST
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As of June 9, 2025, Independent Bank Corp. (Massachusetts) shows a mildly bullish technical trend supported by MACD and Bollinger Bands, despite some caution from daily moving averages and mixed signals from Dow Theory.
As of 9 June 2025, the technical trend for Independent Bank Corp. (Massachusetts) has changed from sideways to mildly bullish. The weekly MACD is mildly bullish, supporting the positive stance, while the monthly MACD also reflects a mildly bullish outlook. Bollinger Bands indicate a bullish trend in both weekly and monthly time frames. However, daily moving averages are mildly bearish, which introduces some caution. The KST shows a mildly bullish signal on the weekly and bullish on the monthly, while Dow Theory presents a mixed view with a mildly bearish weekly signal but a bullish monthly signal. Overall, the current technical stance is mildly bullish, driven primarily by the MACD and Bollinger Bands, despite some bearish signals from moving averages and Dow Theory on the weekly timeframe.
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