Technical Analysis for IBTX - Independent Bank Group, Inc

Grade Last Price % Change Price Change
grade F 59.55 -3.31% -2.04
IBTX closed down 3.31 percent on Friday, October 19, 2018, on 1.52 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Earnings due: Oct 22

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical IBTX trend table...

Date Alert Name Type % Chg
Oct 19 New 52 Week Closing Low Bearish 0.00%
Oct 19 New Downtrend Bearish 0.00%
Oct 19 Lower Bollinger Band Walk Weakness 0.00%
Oct 19 New 52 Week Low Weakness 0.00%
Oct 19 Stochastic Reached Oversold Weakness 0.00%
Oct 19 Multiple of Ten Bearish Other 0.00%
Oct 19 Below Lower BB Weakness 0.00%
Oct 19 Gapped Down Weakness 0.00%
Oct 19 Lower Bollinger Band Touch Weakness 0.00%
Oct 19 Oversold Stochastic Weakness 0.00%

Older signals for IBTX ...

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Profile
Independent Bank Group, Inc. operates as a bank holding company for Independent Bank that provides commercial banking products and services for small to medium size businesses, professionals, and individuals in North and Central Texas. It offers various deposit products, including savings accounts, checking accounts, demand accounts, money market accounts, individual retirement accounts, and certificates of deposits. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment financing, and lines of credit; agricultural loans; and consumer loans, such as installment loans to purchase cars, boats, and other recreational vehicles, as well as originates mortgages for investment banks and other financial institutions. In addition, it offers debit cards, direct deposit services, treasury management services, and online and mobile banking services. The company provides its products and services through operating 30 banking offices in 26 communities located in the Dallas-Fort Worth metropolitan area and in the greater Austin area. Independent Bank Group, Inc. is headquartered in McKinney, Texas.
Is IBTX a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 79.0
52 Week Low 59.53
Average Volume 207,237
200-Day Moving Average 70.6369
50-Day Moving Average 67.275
20-Day Moving Average 65.429
10-Day Moving Average 64.259
Average True Range 1.7349
ADX 26.33
+DI 10.9628
-DI 38.1798
Chandelier Exit (Long, 3 ATRs ) 63.9703
Chandelier Exit (Short, 3 ATRs ) 64.7347
Upper Bollinger Band 69.7747
Lower Bollinger Band 61.0833
Percent B (%b) -0.18
BandWidth 13.283712
MACD Line -1.4892
MACD Signal Line -0.9158
MACD Histogram -0.5734
Fundamentals Value
Market Cap 1.66 Billion
Num Shares 27.8 Million
EPS 2.99
Price-to-Earnings (P/E) Ratio 19.92
Price-to-Sales 7.84
Price-to-Book 1.41
PEG Ratio 1.94
Dividend 0.40
Dividend Yield 0.67%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 62.34
Resistance 3 (R3) 62.64 62.02 61.88
Resistance 2 (R2) 62.02 61.31 61.87 61.72
Resistance 1 (R1) 60.78 60.87 60.47 60.48 61.56
Pivot Point 60.16 60.16 60.00 60.01 60.16
Support 1 (S1) 58.92 59.45 58.61 58.62 57.54
Support 2 (S2) 58.30 59.01 58.15 57.38
Support 3 (S3) 57.06 58.30 57.23
Support 4 (S4) 56.76