First Internet Ban Stock Forecast

Sell candidate since Jun 13, 2025 Gain 0.13%

The First Internet Bancorp stock price gained 0.258% on the last trading day (Friday, 20th Jun 2025), rising from $23.26 to $23.32. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.44% from a day low at $22.98 to a day high of $24.00. The price has risen in 7 of the last 10 days and is up by 3.28% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 33 thousand more shares were traded than the day before. In total, 50 thousand shares were bought and sold for approximately $1.18 million.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $24.16 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -8.45% during the next 3 months and, with a 90% probability hold a price between $17.33 and $22.12 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

INBK Signals & Forecast

First Internet Bancorp has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The First Internet Bancorp stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $23.51 and $23.61. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 15, 2025, and so far it has fallen -6.79%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for First Internet Bancorp stock

On the downside, the stock finds support just below today's level from accumulated volume at $22.04 and $20.96. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, First Internet Bancorp finds support just below today's level at $22.04. If this is broken, then the next support from accumulated volume will be at $20.96 and $20.36.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.02 (4.44%) between high and low. For the last week, the stock has had daily average volatility of 2.83%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (INBK) For The Upcoming Trading Day Of Monday 23rd

For the upcoming trading day on Monday, 23rd we expect First Internet Bancorp to open at $23.43, and during the day (based on 14 day Average True Range), to move between $22.58 and $24.06, which gives a possible trading interval of +/-$0.745 (+/-3.19%) up or down from last closing price. If First Internet Bancorp takes out the full calculated possible swing range there will be an estimated 6.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $22.04 (5.49%) than the resistance at $24.70 (5.92%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is First Internet Bancorp stock A Buy?

First Internet Bancorp holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.089 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2025 - $23.43 ( 0.486%).

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