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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Horizon Bancorp, Inc. (NASDAQ:HBNC)
Bull Market Weakness (+75) - HBNC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HBNC as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for HBNC
The long-term trend has been UP since Jul 11th, 2024 at 12.96
The intermediate-term trend has been UP since Oct 15th, 2024 at 15.95
The short-term trend has been DOWN since Nov 15th, 2024 at 18.30
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.95 | 18.16 | 17.89 | 18.01 | -0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.04 | 163242 | 2024-11-19 15:59:30 |
| Year High | 22.1267 | Year High Date | 2018-06-11 |
| Year Low | 16.36 | Year Low Date | 2018-10-24 |
| 52wk High | 18.855 | 52wk High Date | 2024-11-12 |
| 52wk Low | 10.645 | 52wk Low Date | 2023-11-28 |
| Year End Close | 19.65 | Average Volume | 176,465 |
| Shares Outstanding | 43,715 | Short Interest | 117,217 |
| % Institutional | 47.6 | Market Cap | 780M |
| Assets | 792,745,700M | Liabilities | 717,263,500M |
| P/E Ratio | 37.8333 | Beta | 0.15 |
| Volatility | 29.59 |