AI INDB Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: INDB could experience a rebound due to increasing market confidence following potential positive news from upcoming earnings reports, coupled with historically favorable returns in 1-2 year holding periods as shown in return surfaces.


Bearish Case: Continued regulatory scrutiny and high implied volatility may signal investor uncertainty, with historical data suggesting downside risks persist, especially in the short term as seen in volatility surfaces.


Potential Outcomes:

1. 40% chance of moderate price recovery driven by stronger earnings.

2. 30% chance of continued flat performance amid mixed market sentiment.

3. 20% chance of decline due to regulatory impacts.

4. 10% overshoot past $70 suggesting bullish euphoria.


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September 11, 2024


Independent Forecast

INDB      Independent











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