HORIZON BANCORP INC/IN (HBNC) Stock Technical Analysis
NASDAQ:HBNC - Nasdaq - US4404071049 - Common Stock - Currency: USD
Overall HBNC gets a technical rating of 1 out of 10. HBNC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
HBNC is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so HBNC is not an exception.
HBNC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When compared to the yearly performance of all other stocks, HBNC outperforms 66% of them, which is more or less in line with the market.
HBNC is part of the Banks industry. There are 398 other stocks in this industry, HBNC did better than 49% of them.
The technical rating of HBNC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.78
17.28
When analyzing the support we notice one important area.
- A support zone ranging from 12.91 to 12.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 13.56 to 13.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.24 to 14.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @16.47 from a trend line in the weekly time frame.
- Resistance @17.11 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.61
Mansfield-0.34
10 Day High14.23
10 Day Low12.7
20 Day High15.73
20 Day Low12.7
52 Week High19.18
52 Week Low11.36
Performance
1 Week4.15%
2 Weeks-2.24%
1 Month-13.2%
3 Month-14.4%
6 Month-13.58%
12 Month14.44%
2 Year28.68%
3 Year-22.48%
5 Year19.07%
10 Year30.57%
15 Year211.8%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)38.24
LBB12.14
UBB15.31
13.49
-0.06 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.44%
1 Week4.15%
2 Weeks-2.24%
1 Month-13.2%
3 Month-14.4%
6 Month-13.58%
12 Month14.44%
2 Year28.68%
3 Year-22.48%
5 Year19.07%
10 Year30.57%
15 Year211.8%
Volatility
ATR(14)0.73
ATR(20)%4.55%
ATR Inc-48.08%
Range Today0.26
ADR(20)0.55
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.61
Mansfield-0.34
10 Day High14.23
10 Day Low12.7
20 Day High15.73
20 Day Low12.7
52 Week High19.18
52 Week Low11.36
CS1 End12.91
CR1 Start13.56
Volume & EV
DER(3)0.04%
DER(5)0.11%
Volume195.65K
Volume Incr-13.41%
Vol(5)169.88K
Vol(50)176.23K