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Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Horizon Bancorp, Inc. (NASDAQ:HBNC)
Long-Term Uptrend (+90) - HBNC is in a strong uptrend that is likely to continue. While HBNC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Dec 1st, 2023 at 11.550
The intermediate-term trend has been UP since Nov 14th, 2023 at 10.678
The short-term trend has been UP since Dec 8th, 2023 at 12.130
Smart Scan Analysis for HBNC
Based on our trend formula, HBNC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.040 | 12.400 | 11.755 | 12.265 | +0.205 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.250 | 85675 | 2023-12-08 15:59:15 |
| Year High | 22.1267 | Year High Date | 2018-06-11 |
| Year Low | 16.36 | Year Low Date | 2018-10-24 |
| 52wk High | 16.435 | 52wk High Date | 2023-02-03 |
| 52wk Low | 7.69 | 52wk Low Date | 2023-05-11 |
| Year End Close | 19.65 | Average Volume | 135,587 |
| Shares Outstanding | 44,114 | Short Interest | 117,217 |
| % Institutional | 47.6 | Market Cap | 780M |
| Assets | 796,335,300M | Liabilities | 725,411,000M |
| P/E Ratio | 6.381 | Beta | 0.15 |
| Volatility | 29.59 |