Independent Bank Technical Analysis (NASDAQ:IBCP)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Independent Bank stock price data and volume are plotted in IBCP stock charts and these trading charts form the basis of technical analysis.
See Independent Bank bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Independent Bank stock analysis that does not care for the fair value of a company but uses price and volume data only.
Independent Bank Moving Average
Moving averages show the IBCP stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $25.86 is below the price of $26.15.
Independent Bank Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Independent Bank. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Independent Bank bollinger bands show that the stock price is $26.15, upper band is 26.55, lower band is 25.17, and the average is 25.86.
Independent Bank Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Independent Bank MACD line is below the signal line.
Independent Bank Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of IBCP stock is 56.86.