OLD NATIONAL BANCORP (ONB)

US6800331075 - Common Stock

16.71  +0.29 (+1.77%)

Technical Rating and Analysis

3

Taking everything into account, ONB scores 3 out of 10 in our technical rating. Although ONB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month ONB has a been trading in the 16.30 - 17.82 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that ONB is one of the better performing stocks in the market, outperforming 75% of all stocks.
ONB is one of the better performing stocks in the Banks industry, it outperforms 72% of 411 stocks in the same industry.
ONB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ONB is lagging the market slightly.
ONB has an average volume of 2118620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ONB Weekly chart
ONB Daily chart
Setup Rating and Analysis

3

The technical rating of ONB 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.

Support and Resistance Analysis

15.27

17.77

When analyzing the support we can see 2 important areas.

  • Support @16.45 from a trend line in the weekly time frame.
  • A support zone ranging from 15.42 to 16.02. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 17.12 to 17.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.04
Mansfield-0.69
10 Day High17.82
10 Day Low16.31
20 Day High17.82
20 Day Low16.31
52 Week High17.82
52 Week Low12.36
Performance
1 Week-5.2%
2 Weeks-6.49%
1 Month-0.73%
3 Month0.18%
6 Month4.19%
12 Month22.45%
2 Year3.27%
3 Year-13.81%
5 Year3.01%
10 Year21.36%
15 Year36.95%
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)-0.13
RSI(14)38.48
LBB16.49
UBB17.91
ONB Daily chart

OLD NATIONAL BANCORP

NASDAQ:ONB (5/30/2024, 10:27:04 AM)

16.71

+0.29 (+1.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.77%
1 Week-5.2%
2 Weeks-6.49%
1 Month-0.73%
3 Month0.18%
6 Month4.19%
12 Month22.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%2.14%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.82
10 Day Low16.31
20 Day High17.82
20 Day Low16.31
52 Week High17.82
52 Week Low12.36
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume259.53K
Volume Incr-23.35%
Vol(5)1.34M
Vol(50)2.12M