Independent bank corp (michigan) IBCP.US Swing Trading Analysis

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IBCP Swing Trading Score

3

24

15

Explosive Bullish
  • AI analysis rates IBCP with  the highest swing trading score of 5.
  • It is mainly due to  the positive AI swing signal,along with the relatively low short-term volatility.
  • Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 14 trades with a 50.0% win rate and an average profit/loss of 90.74%.

IBCP Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

IBCP Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of IBCP from 2007/01 till Now

-36.55%
Cumulative Return
-2.45%
Annual Return
54.72%
Volatility
-0.04
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to May, 2025. (Total Trades: 134)

IBCPSectorUS Overall Market
Wining Rate40%46%43%
Avg Return1.3%1%2.2%
Avg Profit14.9%8%14.3%
Avg Loss-8%-5.1%-7.3%
Avg Risk-Reward Ratio185.6%157.3%197.7%

Update to 2025/5/3 (Daily Update)

Top 10 High Relevance to IBCP Swing Trading Score