INDB Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: INDB's low price-to-book ratio and potential market stabilization hint at undervaluation. Historical resilience suggests an upward correction potential amid strategic moves.




Bearish Case: High implied volatility and mixed social sentiment imply persistent market uncertainties. Regulatory and competitive pressures increase downside risks, with potential declines if challenges aren't met.




Potential Outcomes:
  • 50% chance of moderate rebound due to undervaluation and strategic shifts.
  • 30% likelihood of stagnation amidst prevailing uncertainties.
  • 20% risk of decline fueled by regulatory issues or competition.



May 01, 2025


Independent Forecast

INDB        Independent











Correlated Assets

Assets that tend to move strongly with INDB



MTB Forecast + Options Trading Strategies   MTB  M & T (0.94)


UPST Forecast + Options Trading Strategies   UPST  Upstart (0.92)


CRH Forecast + Options Trading Strategies   CRH  CRH Plc (0.91)


PNC Forecast + Options Trading Strategies   PNC  PNC Financial Services (0.91)


AX Forecast + Options Trading Strategies   AX  Axos Financial (0.9)



Uncorrelated Assets

Assets with little price relationship to INDB



DAN Forecast + Options Trading Strategies   DAN  Dana (0.0)


AEHR Forecast + Options Trading Strategies   AEHR  Aehr Test Systems (-0.0)


TAL Forecast + Options Trading Strategies   TAL  TAL Education (0.0)


CMCSA Forecast + Options Trading Strategies   CMCSA  Comcast (0.01)


CVX Forecast + Options Trading Strategies   CVX  Chevron (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against INDB



UDN Forecast + Options Trading Strategies   UDN  Invesco DB US Dollar Index Bearish (-0.74)


AGEN Forecast + Options Trading Strategies   AGEN  Agenus (-0.74)


DVN Forecast + Options Trading Strategies   DVN  Devon Energy (-0.74)


EC Forecast + Options Trading Strategies   EC  Ecopetrol SA (-0.76)


DG Forecast + Options Trading Strategies   DG  Dollar General (-0.83)









Become a more profitable investor with AI optimized trading strategies






×

Chat with INDB


 Ask any question about INDB!