Independent Bank Technical Analysis (NASDAQ:IBCP)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. A IBCP stock chart pattern can give those who understand technical analysis an indication of which way IBCP stock is headed, but cannot predict with 100% certainty as to what can happen to the Independent Bank stock price.
See Independent Bank bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Independent Bank stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
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 (SMA) and the Exponential Moving Average (EMA). The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Independent Bank are mostly signals of long term trends and will help long term traders.
Independent Bank Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the IBCP stock. The stock price is trading between the average and the upper band in the context of Independent Bank bollinger bands.
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 indicator is below 0 indicating a bearish trend.
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 27.91. .