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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Independent Bank Group, Inc (NASDAQ:IBTX)
Long-Term Downtrend (-90) - IBTX is in a strong downtrend that is likely to continue. While IBTX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for IBTX
The long-term trend has been DOWN since Apr 10th, 2024 at 41.85
The intermediate-term trend has been DOWN since Feb 1st, 2024 at 48.05
The short-term trend has been DOWN since Apr 2nd, 2024 at 43.91
Smart Scan Analysis for IBTX
Based on our trend formula, IBTX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.500 | 40.010 | 39.300 | 39.535 | +0.355 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.550 | 121387 | 2024-04-17 15:59:40 |
| Year High | 79 | Year High Date | 2018-05-22 |
| Year Low | 52.71 | Year Low Date | 2018-10-24 |
| 52wk High | 53.25 | 52wk High Date | 2023-12-28 |
| 52wk Low | 28.81 | 52wk Low Date | 2023-05-04 |
| Average Volume | 168,116 | Shares Outstanding | 41,275 |
| Market Cap | 2,264M | Assets | 190,351,020M |
| Liabilities | 166,325,090M | P/E Ratio | 37.6731 |
| Volatility | 37.98 |