Independent Bank Group Stock Technical Analysis

IBTX Stock  USD 60.98  0.51  0.84%   
As of the 25th of December, Independent Bank retains the Risk Adjusted Performance of 0.0367, market risk adjusted performance of 0.0437, and Downside Deviation of 2.01. Independent Bank technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Independent Bank Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Independent, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Independent
  
Independent Bank's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Independent Bank Analyst Consensus

Target PriceAdvice# of Analysts
46.17Buy6Odds
Independent Bank Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Independent analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Independent stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Independent Bank, talking to its executives and customers, or listening to Independent conference calls.
Independent Analyst Advice Details
Independent Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Independent Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Independent Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Independent Bank Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Independent Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Independent Bank Trend Analysis

Use this graph to draw trend lines for Independent Bank Group. You can use it to identify possible trend reversals for Independent Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Independent Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Independent Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Independent Bank Group applied against its price change over selected period. The best fit line has a slop of   0.16  , which means Independent Bank Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 992.61, which is the sum of squared deviations for the predicted Independent Bank price change compared to its average price change.

About Independent Bank Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Independent Bank Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Independent Bank Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Independent Bank price pattern first instead of the macroeconomic environment surrounding Independent Bank. By analyzing Independent Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Independent Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Independent Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.01850.02970.0312
Price To Sales Ratio5.244.155.09

Independent Bank December 25, 2024 Technical Indicators

Most technical analysis of Independent help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Independent from various momentum indicators to cycle indicators. When you analyze Independent charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Independent Bank December 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Independent stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for Independent Stock Analysis

When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.