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

Jun 29 2025 11:47 AM IST
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As of June 27, 2025, Independent Bank Corp. (Massachusetts) shows a mildly bullish trend, supported by positive MACD and Bollinger Bands, despite some conflicting signals from daily moving averages and Dow Theory.
As of 27 June 2025, the technical trend for Independent Bank Corp. (Massachusetts) has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by the weekly and monthly MACD readings, both indicating mild bullish momentum. Bollinger Bands also reflect a bullish outlook on both weekly and monthly time frames. However, daily moving averages show a mildly bearish trend, and the Dow Theory presents a mixed view with a mildly bearish weekly signal but a bullish monthly signal. Overall, while there are some conflicting indicators, the prevailing trend is mildly bullish, driven primarily by the MACD and Bollinger Bands.
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