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

Sep 20 2025 06:55 PM IST
share
Share Via
As of September 9, 2025, Independent Bank Corp. (Michigan) shows a mildly bearish technical trend, with mixed signals from various indicators and underperformance compared to the S&P 500.
As of 9 September 2025, the technical trend for Independent Bank Corp. (Michigan) has changed from mildly bullish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The daily moving averages are bearish, and both the weekly and monthly KST and Dow Theory are mildly bearish. The Bollinger Bands show a sideways trend weekly but are mildly bullish monthly. The OBV is mildly bearish weekly and bullish monthly, adding to the mixed signals.

In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of -8.21% compared to the S&P 500's 12.22%, and a one-year return of -6.79% versus 17.14%. Overall, the current technical stance is mildly bearish, reflecting the prevailing indicators.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News