OLD NATIONAL BANCORP (ONB)       17.92  +0.1 (+0.56%)

17.92  +0.1 (+0.56%)

US6800331075 - Common Stock - After market: 17.95 +0.03 (+0.17%)

Technical Rating

2

Overall ONB gets a technical rating of 2 out of 10. ONB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.



ONB has an average volume of 1614370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
In the last month ONB has a been trading in the 16.78 - 18.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
When comparing the yearly performance of all stocks, ONB is a bad performer in the overall market: 74% of all stocks are doing better.
ONB is one of the lesser performing stocks in the Banks industry. 69% of 334 stocks in the same industry do better.

Statistics

1 Month 3 Months 6 Months 12 Months 0.73% -9.04% 3.76% -3.19% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 26.7 14.22 - 20.19
ONB Weekly chart
ONB Daily chart

Support/Resistance Analysis


16.82

20.22
We found 1 important support area.
  • A support zone ranging from 16.99 to 17.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
  • A resistance zone ranging from 18.27 to 18.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @19.11 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 19.59 to 20.02. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

7

ONB has a poor technical rating and the quality of the setup is also not perfect 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.


ONB Daily chart

OLD NATIONAL BANCORP17.92

NASDAQ:ONB (2/3/2023, 7:00:03 PM)+0.1 (+0.56%)

After market: 17.95 +0.03 (+0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Financials
GICS Industry Banks

Performance
Today 0.56% 1 Week 4.98%
2 Weeks -0.55% 1 Month 0.73%
3 Month -9.04% 6 Month 3.76%

Volatility
ATR(14) 0.44 ATR(20)% 2.42%
ATR Inc -15.56% Range Today 0.32

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 26.7 Mansfield 0.24
10 Day High 18.26 10 Day Low 16.78
20 Day High 18.81 20 Day Low 16.78
52 Week High 20.19 52 Week Low 14.22
CS1 End 17.11 CR1 Start 18.27

Volume & EV
DER(3) 5.96% DER(5) 3.61%
Volume 1.82M Volume Incr 7.07%
Vol(5) 1.83M Vol(50) 1.61M

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA