OLD NATIONAL BANCORP (ONB) Stock Technical Analysis
NASDAQ:ONB - Nasdaq - US6800331075 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to ONB. Although ONB has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ONB has a been trading in the 17.68 - 21.76 range, which is quite wide. It is currently trading near the high of this range.
ONB has an average volume of 3079120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ONB is one of the better performing stocks in the market, outperforming 79% of all stocks. However, ONB's most recent performance is quite weak.
ONB is part of the Banks industry. There are 397 other stocks in this industry, ONB did better than 60% of them.
ONB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, ONB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 21.02, a Stop Loss order could be placed below this zone.
More info and screens
17.52
24.69
We found 3 important support areas.
- A support zone ranging from 20.27 to 21.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.22 to 18.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.70 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.31 to 24.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.47
Mansfield0.8
10 Day High21.76
10 Day Low20.29
20 Day High21.76
20 Day Low17.68
52 Week High24.49
52 Week Low15.6
Performance
1 Week4.31%
2 Weeks3.01%
1 Month9.44%
3 Month-11.31%
6 Month-1.33%
12 Month23.55%
2 Year73.59%
3 Year35.6%
5 Year58.65%
10 Year58.41%
15 Year87.8%
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)0.2
RSI(14)60.28
LBB19.61
UBB21.93
21.56
+0.32 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.51%
1 Week4.31%
2 Weeks3.01%
1 Month9.44%
3 Month-11.31%
6 Month-1.33%
12 Month23.55%
2 Year73.59%
3 Year35.6%
5 Year58.65%
10 Year58.41%
15 Year87.8%
Volatility
ATR(14)0.67
ATR(20)%3.41%
ATR Inc-28.99%
Range Today0.44
ADR(20)0.68
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.47
Mansfield0.8
10 Day High21.76
10 Day Low20.29
20 Day High21.76
20 Day Low17.68
52 Week High24.49
52 Week Low15.6
CS1 End21.02
CR1 Start24.31
Volume & EV
DER(3)-2.3%
DER(5)-3.02%
Volume1.81M
Volume Incr-39.8%
Vol(5)2.32M
Vol(50)3.08M