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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Horizon Bancorp, Inc. (NASDAQ:HBNC)

Strong Downtrend (-100) - HBNC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HBNC continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HBNC?

MarketClub looks at technical strength and momentum to determine if the timing is right for HBNC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_HBNC
Open High Low HBNC Price Change
12.330 12.335 12.000 12.010 -0.230
Entry Signal

MarketClub’s Trade Triangles for HBNC

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 11.6100

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 12.1551

short term down The short-term trend has been DOWN since May 22nd, 2024 at 12.6500

Smart Scan Analysis for HBNC

Based on our trend formula, HBNC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HBNC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.330 12.335 12.000 12.010 -0.230
Prev. Close Volume Bid Ask Time
12.020 53531 2024-05-28 15:59:54
Year High22.1267Year High Date2018-06-11
Year Low16.36Year Low Date2018-10-24
52wk High14.7152wk High Date2023-12-29
52wk Low8.7952wk Low Date2023-06-01
Year End Close19.65Average Volume121,570
Shares Outstanding44,116Short Interest117,217
% Institutional47.6Market Cap780M
Assets785,570,700MLiabilities713,445,700M
P/E Ratio22.2545Beta0.15
Volatility29.59
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