Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

Horizon Bancorp, Inc. (NASDAQ:HBNC)

Bear Market Rally (-75) - HBNC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HBNC as it may be in the beginning of a reversal.

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.

Open High Low HBNC Price Change
10.98 11.09 10.83 11.06 +0.09
Entry Signal

MarketClub’s Trade Triangles for HBNC

long term down The long-term trend has been DOWN since Mar 9th, 2023 at 14.45

intermediate term down The intermediate-term trend has been DOWN since Mar 2nd, 2023 at 14.95

short term up The short-term trend has been UP since Mar 22nd, 2023 at 11.50

Smart Scan Analysis for HBNC

Based on our trend formula, HBNC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for HBNC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.98 11.09 10.83 11.06 +0.09
Prev. Close Volume Bid Ask Time
11.06 202779 2023-03-31 15:59:14
Year High22.1267Year High Date2018-06-11
Year Low16.36Year Low Date2018-10-24
52wk High20.6452wk High Date2022-08-16
52wk Low10.1552wk Low Date2023-03-23
Year End Close19.65Average Volume465,899
Shares Outstanding43,578Short Interest117,217
% Institutional47.6Market Cap780M
P/E Ratio5.1262Beta0.15
Get a free daily analysis and signals for Horizon Bancorp, Inc. (HBNC) - Request Your Free Report.