Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Independent Bank Group, Inc (NASDAQ:IBTX)
Sidelines Mode (+55) - IBTX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IBTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IBTX
The long-term trend has been DOWN since Jun 18th, 2021 at 69.0600
The intermediate-term trend has been UP since Sep 27th, 2021 at 69.2000
The short-term trend has been DOWN since Oct 19th, 2021 at 71.8476
Smart Scan Analysis for IBTX
Based on our trend formula, IBTX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||79||Year High Date||2018-05-22|
|Year Low||52.71||Year Low Date||2018-10-24|
|52wk High||80.71||52wk High Date||2021-03-12|
|52wk Low||48.5||52wk Low Date||2020-10-28|
|Average Volume||98,933||Shares Outstanding||43,168|