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(IBTX) Independent Bank complete technical analysis [charts+indicators] | Buy/Sell Independent Bank | (IBTX) share price targets

Complete technical analysis of Independent Bank (IBTX) by charts plus indicators, forecast predictions and share price targets for Independent Bank (IBTX)

Independent Bank trades in USA in Finance sector.

10 day averaged volume of Independent Bank is 309330

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	39.55	39.88	39.98	39.18	1.33 times
28 Thu Sep 2023	39.48	39.81	40.44	39.34	1.217 times
27 Wed Sep 2023	39.75	40.23	40.32	39.27	0.706 times
26 Tue Sep 2023	39.98	40.64	41.03	39.70	1.107 times
25 Mon Sep 2023	40.92	40.21	41.20	39.03	0.659 times
22 Fri Sep 2023	40.30	40.48	40.84	39.87	0.589 times
21 Thu Sep 2023	40.41	40.21	40.86	39.28	0.767 times
20 Wed Sep 2023	40.53	40.76	40.96	40.39	0.574 times
19 Tue Sep 2023	40.54	40.31	40.70	39.75	0.691 times
18 Mon Sep 2023	40.15	40.49	40.76	39.70	0.642 times

My analysis of stock is bearish for shortterm, and stock might move down till 38.7 or till 37.4. Use a stoploss of 39.74 and if the stock hits stoploss, then it can shoot up till 40.79

Share price targets for Independent Bank (IBTX)

Target Type	Value
Downside Target	28.81
Downside Target	33.01
Downside Target	34.30
Downside Target	37.10
Downside Target	39.03
Upside Target	40.70
Upside Target	41.20
Upside Target	42.05
Upside Target	42.14
Upside Target	43.27
Upside Target	44.86
Upside Target	45.91

Intraday share price targets for Independent Bank (IBTX)

Target Type	Value
Downside Intraday Target	38.65
Downside Intraday Target	37.76
Upside Intraday Target	40.82
Upside Intraday Target	42.1
Upside Intraday Target	39.93

Weekly technical analysis of Independent Bank (IBTX)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	39.55	40.21	41.20	39.03	1.537 times
22 Fri Sep 2023	40.30	40.49	40.96	39.28	0.65 times
15 Fri Sep 2023	40.55	38.69	40.70	37.40	2.26 times
08 Fri Sep 2023	38.48	41.89	42.14	37.66	2.188 times
01 Fri Sep 2023	42.16	42.67	43.27	42.05	0.386 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Independent Bank (IBTX)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	39.55	42.67	43.27	37.40	1.219 times
31 Thu Aug 2023	42.20	44.72	44.86	39.75	0.831 times
31 Mon Jul 2023	44.87	34.62	45.91	34.30	0.799 times
30 Fri Jun 2023	34.53	33.68	40.87	33.01	0.859 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Independent Bank (IBTX)

Price action analysis of Independent Bank ( (IBTX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (IBTX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Independent Bank ( (IBTX) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Independent Bank stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Independent Bank in short term and the sell signal is strong.

Independent Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Independent Bank in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Independent Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.05 and Independent Bank (IBTX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Independent Bank (IBTX) stock. Volume based technical analysis of Independent Bank (IBTX) stock is negative.

Independent Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.