INDEPENDENT BANK GROUP INC (IBTX)

US45384B1061 - Common Stock

40.31  +1.48 (+3.81%)

After market: 40.31 0 (0%)

Technical Rating and Analysis

1

Overall IBTX gets a technical rating of 1 out of 10. IBTX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the performance of all stocks over the past year, IBTX turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
IBTX is an average performer in the Banks industry, it outperforms 50% of 412 stocks in the same industry.
IBTX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IBTX is lagging the market slightly.
In the last month IBTX has a been trading in the 36.47 - 44.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
IBTX Weekly chart
IBTX Daily chart
Setup Rating and Analysis

7

IBTX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

36.20

47.63

3 important support areas can be observed.

  • A support zone ranging from 39.33 to 39.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 37.23 to 37.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @36.57 from a horizontal line in the daily time frame.

5 important resistance areas can be observed.

  • Resistance @41.69 from a trend line in the daily time frame.
  • Resistance @43.47 from a trend line in the weekly time frame.
  • Resistance @44.50 from a trend line in the daily time frame.
  • A resistance zone ranging from 45.66 to 45.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @47.16 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.74
Mansfield-1.21
10 Day High44.33
10 Day Low36.47
20 Day High44.33
20 Day Low36.47
52 Week High53.25
52 Week Low29.24
Performance
1 Week2.47%
2 Weeks-3.1%
1 Month-4.84%
3 Month-11.5%
6 Month5.06%
12 Month28.01%
2 Year-44.84%
3 Year-48.81%
5 Year-21.94%
10 Year-13.78%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)48.14
LBB36.97
UBB42.25
IBTX Daily chart

INDEPENDENT BANK GROUP INC

NASDAQ:IBTX (5/3/2024, 7:00:01 PM)

After market: 40.31 0 (0%)

40.31

+1.48 (+3.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3.81%
1 Week2.47%
2 Weeks-3.1%
1 Month-4.84%
3 Month-11.5%
6 Month5.06%
12 Month28.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.75
ATR(20)%4.02%
ATR Inc
Range Today1.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High44.33
10 Day Low36.47
20 Day High44.33
20 Day Low36.47
52 Week High53.25
52 Week Low29.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume280.60K
Volume Incr24.77%
Vol(5)256.96K
Vol(50)214.81K