Independent bank corp (massachusetts) INDB.US Swing Trading Analysis

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INDB Swing Trading Score

3

24

15

Explosive Bullish
  • AI analysis rates INDB with  the highest swing trading score of 5.
  • It is mainly due to  the positive AI swing signal,along with the relatively low short-term volatility.
  • Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 23 trades with a 43.48% win rate and an average profit/loss of 2.57%.

INDB Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

INDB Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of INDB from 2007/01 till Now

62.90%
Cumulative Return
2.70%
Annual Return
26.64%
Volatility
0.10
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to May, 2025. (Total Trades: 135)

INDBSectorUS Overall Market
Wining Rate44%46%43%
Avg Return0.7%1%2.2%
Avg Profit6.7%8%14.4%
Avg Loss-4.2%-5.1%-7.3%
Avg Risk-Reward Ratio160.6%157.3%197.9%

Update to 2025/5/6 (Daily Update)

Top 10 High Relevance to INDB Swing Trading Score