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(HBNC) Horizon Bancorp complete technical analysis [charts+indicators] | Buy/Sell Horizon Bancorp | (HBNC) share price targets

Complete technical analysis of Horizon Bancorp (HBNC) by charts plus indicators, forecast predictions and share price targets for Horizon Bancorp (HBNC)

Horizon Bancorp trades in USA in Finance sector.

10 day averaged volume of Horizon Bancorp is 122613

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 12.22 12.19 12.26 12.12 1.47 times
30 Thu May 2024 12.07 11.97 12.11 11.89 0.811 times
29 Wed May 2024 11.79 11.80 12.04 11.60 1.046 times
28 Tue May 2024 12.02 12.33 12.34 12.00 0.647 times
23 Thu May 2024 12.24 12.69 12.73 12.20 1.032 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.2 as stoploss in an intra day buy trade for a target of 12.46. However, stock will show a bearish move below 12.2.

Share price targets for Horizon Bancorp (HBNC)

Target Type Value
Downside Target 11.18
Downside Target 12.20
Upside Target 12.60
Upside Target 12.77
Upside Target 12.79
Upside Target 12.91
Upside Target 12.93
Upside Target 12.96
Upside Target 13.50
Upside Target 14.53

Intraday share price targets for Horizon Bancorp (HBNC)

Target Type Value
Downside Intraday Target 11.77
Downside Intraday Target 11.31
Upside Intraday Target 12.51
Upside Intraday Target 12.79
Downside Intraday Target 12.05

Weekly technical analysis of Horizon Bancorp (HBNC)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 12.22 12.33 12.34 11.60 0.91 times
23 Thu May 2024 12.24 12.71 12.96 12.20 1.027 times
17 Fri May 2024 12.74 12.70 12.91 12.30 1.028 times
10 Fri May 2024 12.65 12.49 12.77 12.24 0.651 times
03 Fri May 2024 12.47 11.70 12.60 11.40 0.929 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Horizon Bancorp (HBNC)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 12.22 11.51 12.96 11.51 0.685 times
30 Tue Apr 2024 11.48 12.79 12.79 11.18 1.121 times
28 Thu Mar 2024 12.83 11.93 12.93 11.61 0.911 times
29 Thu Feb 2024 12.04 13.24 13.50 11.64 1.142 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Horizon Bancorp (HBNC)

Indicator Name Indicator Value Indicator Signal
ADX 19, 34, 29 Sell
MACD -0, 0Sell
Stochastics 31None
CCI -47Buy
RSI 54Buy
OBV -30477Sell
VWAP 12Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Horizon Bancorp ( (HBNC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Horizon Bancorp ( (HBNC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Horizon Bancorp ( (HBNC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Horizon Bancorp ( (HBNC) ) based on a mid to longer term time period is

ADX buy sell signal for Horizon Bancorp stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Horizon Bancorp in short term and the sell signal is strong.

Horizon Bancorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Horizon Bancorp in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Horizon Bancorp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.4 and Horizon Bancorp (HBNC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Horizon Bancorp (HBNC) stock. Volume based technical analysis of Horizon Bancorp (HBNC) stock is negative.

Horizon Bancorp Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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