Technical Analysis for IBTX - Independent Bank Group, Inc

Grade Last Price % Change Price Change
grade D 50.11 -0.48% -0.24
IBTX closed down 0.48 percent on Tuesday, January 15, 2019, on 85 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Jan 28

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

Date Alert Name Type % Chg
Jan 15 1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Jan 15 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Jan 15 NR7 Range Contraction 0.00%
Jan 15 Multiple of Ten Bullish Other 0.00%
Jan 15 Weak + Overbought Other 0.00%
Jan 15 Inside Day Range Contraction 0.00%
Jan 15 Weak, Overbought and Reversal Signs Reversal 0.00%
Jan 15 Overbought Stochastic Strength 0.00%
Jan 14 1,2,3 Retracement Bearish Bearish Swing Setup -0.48%
Jan 14 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.48%

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, 5 bearish and 0 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 79.0
52 Week Low 44.14
Average Volume 238,967
200-Day Moving Average 65.2061
50-Day Moving Average 52.8926
20-Day Moving Average 47.8335
10-Day Moving Average 49.158
Average True Range 1.9978
ADX 34.03
+DI 13.5529
-DI 18.6312
Chandelier Exit (Long, 3 ATRs ) 45.6866
Chandelier Exit (Short, 3 ATRs ) 50.1334
Upper Bollinger Band 51.0618
Lower Bollinger Band 44.6052
Percent B (%b) 0.85
BandWidth 13.498071
MACD Line -0.7062
MACD Signal Line -1.4296
MACD Histogram 0.7233
Fundamentals Value
Market Cap 1.4 Billion
Num Shares 27.8 Million
EPS 2.99
Price-to-Earnings (P/E) Ratio 16.76
Price-to-Sales 7.84
Price-to-Book 1.41
PEG Ratio 1.94
Dividend 0.40
Dividend Yield 0.80%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 51.66
Resistance 3 (R3) 51.57 50.97 51.40
Resistance 2 (R2) 50.97 50.58 51.01 51.31
Resistance 1 (R1) 50.54 50.33 50.24 50.63 51.23
Pivot Point 49.94 49.94 49.79 49.98 49.94
Support 1 (S1) 49.51 49.55 49.21 49.60 48.99
Support 2 (S2) 48.91 49.30 48.95 48.91
Support 3 (S3) 48.48 48.91 48.82
Support 4 (S4) 48.57