INDB NASDAQ Week ended 24 Jul 2026

Weekly Investor Report

Independent Bank · Financial Services · Banks - Regional

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Latest close 85.12 USD
0.7% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 7.8% above the Trend Line and sits at 91.3% of its 52-week range. The latest completed week returned 0.7%, after a 0.7% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks strongly; valuation is neither clearly cheap nor expensive. Options positioning is bearish with 49/100 conviction, while the latest news-sentiment score is 55/100. Near-term considerations: price is close to its 52-week high; earnings are due in 84d.

Setup score 70 out of 100
Latest Close 85.12 USD 24 Jul 2026
1W Return 0.7% latest completed week
4W Return 0.7% short-term follow-through
12W Return 10.7% quarterly tape
Trend Breadth 96.2% 50 of 52 weeks active
Volume Ratio 1.0x vs 13-week average
What is working
  • The trend backdrop is active with a 50-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • 2 reversal markers appear in the recent smart-money tape.
What to watch next
  • Price is close to its 52-week high; watch for continuation or exhaustion.
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through 0.7% Latest completed week; four-week move 0.7%. Indicator stack 98/69 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Options pressure Bearish 49/100 conviction; expected move 6.3%. News sentiment 55/100 57 relevant articles in the latest sentiment read. Event risk 84d Next report is scheduled for 22 Oct 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 7.8% above the Trend Line and sits at 91.3% of its 52-week range. The latest completed week returned 0.7%, after a 0.7% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.0x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.8112-week average 0.64

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure6/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership3/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.81Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers22 reversal markers

No recent accumulation markers. 2 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 0.7% over four weeks, 10.7% over 12 weeks, and 31.8% over one year. The current trend has remained active for 50 consecutive weeks.

Performance by holding period

1W0.7%
4W0.7%
12W10.7%
26W9.6%
52W31.8%
Active trend streak50 weeks
Active weeks in one year50
Trend breadth96.2%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.94Latest activity-pressure read.
Pressure change32.3%Four-week change in activity pressure.
Leadership4.69Latest relative-leadership reading.
RS change450.0%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks strongly; valuation is neither clearly cheap nor expensive.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Dec 2025 Field coverage 100% Model confidence 100%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength74/100Blend of value, momentum, and quality. Underlying universe rank 27; rank 1 is best.
Value68/100Relative valuation strength. Underlying universe rank 33; rank 1 is best.
Quality33/100Profitability and accounting quality. Underlying universe rank 68; rank 1 is best.
Momentum77/100Medium-term price momentum. Underlying universe rank 24; rank 1 is best.
Growth93/100Revenue and earnings growth. Underlying universe rank 8; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
14.9x
Price divided by trailing earnings.
Price / sales
3.2x
Market value relative to trailing revenue.
EV / EBITDA
14.0x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
5.8%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
70.4%
Gross profit retained from each unit of revenue.
Operating margin
22.7%
Operating profit retained from revenue.
Free-cash-flow margin
21.0%
Free cash flow generated from revenue.
Return on invested capital
5.6%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
26.8%
Latest one-year revenue growth.
EPS growth
43.9%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-
Latest one-year free-cash-flow growth.
Piotroski F-score
6/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
2.9%
Cash dividends relative to market value.
Buyback yield
1.5%
Net share repurchases relative to market value.
Shareholder yield
4.4%
Dividend yield plus net buyback yield.
Net debt / EBITDA
1.4x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningBearish

INDB shows bearish options pressure with a 49/100 conviction score, put-call volume ratio of n/a, expected move of 6.3%, and Sharemaestro trend signal active.

Conviction49/100
Expected move6.3%
Put/call volume
Pressure-100
Speculation4
Volatility43
Trend agreement7
Open options detail
Insider activity14 / 1

14 acquisitions and 1 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment55/100

Weighted news tone is neutral across 57 relevant articles.

19 positive · 28 neutral · 10 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings84dNext report is scheduled for 22 Oct 2026; event risk rises as the date approaches.
Options expected move6.3%Nearest-chain priced movement where available.
52-week drawdown-2.7%Distance below the 52-week high.
13-week volatility2.4%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher12 of 2614 weeks finished lower.
Best week+6.5%Week of 6 Feb.
Worst week-6.5%Week of 27 Feb.
Latest week+0.7%Week of 24 Jul.

Shape of recent returns

Strong gains4
Modest gains8
Flat weeks0
Modest losses13
Sharp losses1
Recent vol2.4%13-week weekly-return volatility.
Base vol3.1%52-week weekly-return volatility.
Up/down split28/24Count of positive and negative weeks in the 52-week window.
Average skew2.8% / -2.0%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape73/100

Trend, activity pressure, participation, and risk combine to a 73/100 tape read.

 Indicator analysis60/100

Latest 12-week confirmation: trend 12/12, activity pressure 6/12, relative leadership 3/12.

Activity pressure 0.81; 2 reversal markers Factors62/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 27; Small Cap Core rank 40 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options28/100

INDB shows bearish options pressure with a 49/100 conviction score, put-call volume ratio of n/a, expected move of 6.3%, and Sharemaestro trend signal active.

Bearish · Put-side pressure · Expected move 6.3% Sentiment55/100

Weighted news tone is neutral across 57 relevant articles.

INDB|Independent Bank Corp (Massachusetts)|Price:85.070|Chg%:+0.300 Insiders14 / 1

14 acquisitions and 1 disposals in the latest 180-day insider tape.

 Earnings84d

Next report is scheduled for 22 Oct 2026; event risk rises as the date approaches.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 202685.12 USD0.7%79.00 USD61.71 USD0.944.691.9MOn
17 Jul 202684.51 USD1.0%78.64 USD61.52 USD1.042.452.7MOn
10 Jul 202683.71 USD-0.6%78.36 USD61.29 USD0.97-2.741.8MOn
3 Jul 202684.18 USD-0.4%78.09 USD61.04 USD0.89-0.441.5MOn
26 Jun 202684.54 USD5.1%77.69 USD60.77 USD0.710.852.8MOn
19 Jun 202680.43 USD-2.7%77.24 USD60.48 USD0.20-8.262.2MOn
12 Jun 202682.64 USD4.6%76.85 USD60.23 USD-0.15-3.291.3MOn
5 Jun 202678.96 USD0.6%76.36 USD59.98 USD-0.48-5.491.7MOn
29 May 202678.48 USD0.3%76.04 USD59.77 USD-0.67-10.371.1MOn
22 May 202678.22 USD3.7%75.63 USD59.55 USD-0.61-8.211.6MOn
15 May 202675.46 USD-2.8%75.29 USD59.31 USD-0.55-10.471.7MOn
8 May 202677.60 USD1.0%74.95 USD59.09 USD-0.36-8.431.5MOn
1 May 202676.86 USD-1.1%74.51 USD58.85 USD-0.28-4.531.8MOn
24 Apr 202677.75 USD-0.3%74.22 USD58.64 USD-0.36-2.082.0MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.