Stock Trend Analysis Report
Prepared for you on Friday, January 22, 2021.
Independent Bank Group, Inc (NASDAQ:IBTX)
Countertrend Up (+85) - IBTX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 29th, 2020 at 45.16
The intermediate-term trend has been UP since Oct 5th, 2020 at 47.59
The short-term trend has been DOWN since Jan 19th, 2021 at 67.00
Smart Scan Analysis for IBTX
Based on our trend formula, IBTX is rated as a +85 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||63.16||52wk High Date||2019-12-09|
|52wk Low||20.35||52wk Low Date||2020-03-23|
|Average Volume||294,589||Shares Outstanding||43,248|