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Stock Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

Independent Bank Group, Inc (NASDAQ:IBTX)

Crossroads (+60) - IBTX is struggling to move into a solid trend. Beware of choppy markets 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.

Open High Low IBTX Price Change
36.91 37.01 35.38 36.19 -0.85
Entry Signal

MarketClub’s Trade Triangles for IBTX

long term down The long-term trend has been DOWN since Sep 6th, 2022 at 65.2000

intermediate term up The intermediate-term trend has been UP since May 23rd, 2023 at 36.6000

short term up The short-term trend has been UP since Jun 1st, 2023 at 34.8792

Smart Scan Analysis for IBTX

Based on our trend formula, IBTX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for IBTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.91 37.01 35.38 36.19 -0.85
Prev. Close Volume Bid Ask Time
37.04 190551 2023-06-05 15:58:52
Year High79Year High Date2018-05-22
Year Low52.71Year Low Date2018-10-24
52wk High7652wk High Date2022-08-16
52wk Low28.8152wk Low Date2023-05-04
Average Volume340,929Shares Outstanding41,281
Market Cap2,264MAssets187,983,540M
Liabilities164,474,970MP/E Ratio14.2462
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