Independent Bank Shares Cross Above 200 DMA

In trading on Wednesday, shares of Independent Bank Corp. (INDB) crossed above their 200 day moving average of $37.33, changing hands as high as $37.39 per share. Independent Bank Corp. shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of INDB shares, versus its 200 day moving average:

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Independent Bank Corp.  200 Day Moving Average Chart

Looking at the chart above, INDB's low point in its 52 week range is $32.97 per share, with $41.17 as the 52 week high point — that compares with a last trade of $37.31.

According to the ETF Finder at ETF Channel, INDB makes up 2.00% of the SPDR Russell 2000Low Volatility ETF ( SMLV) which is trading up by about 0.2% on the day Wednesday.

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