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

Sep 20 2025 06:59 PM IST
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As of August 19, 2025, Independent Bank Corp. (Massachusetts) has a bullish technical trend, supported by positive indicators, though it has underperformed the S&P 500 over the long term despite recent short-term gains.
As of 19 August 2025, the technical trend for Independent Bank Corp. (Massachusetts) has changed from mildly bullish to bullish. The current technical stance is bullish, supported by bullish signals in the MACD, Bollinger Bands, and moving averages across various time frames. The KST also indicates bullish momentum on both weekly and monthly charts. However, the Dow Theory shows a mildly bullish stance on the weekly and monthly time frames, while the OBV is mildly bearish on the weekly chart.

In terms of performance, the stock has outperformed the S&P 500 over the past week and month, returning 3.92% and 8.93% respectively, compared to the S&P 500's 1.05% and 2.33%. However, over longer periods, such as 3 years and 5 years, the stock has significantly underperformed the benchmark.
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Our weekly and monthly stock recommendations are here
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