Stock Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
OLD NATIONAL (NASDAQ:ONB)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ONB
The long term trend has been UP since Sep 27th, 2017 at 17.925
The intermediate term trend has been UP since Nov 29th, 2017 at 18.250
The short term trend has been DOWN since Jan 18th, 2018 at 18.125
Smart Scan Analysis for ONB
Based on a pre-defined weighted trend formula for chart analysis, ONB scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||18.6||Year High Date||2018-01-16|
|Year Low||17.3||Year Low Date||2018-01-03|
|52wk High||18.95||52wk High Date||2017-02-22|
|52wk Low||15.375||52wk Low Date||2017-09-07|