Old National Bancorp Stock Forecast

Buy or Hold candidate since Jun 04, 2026 Loss -0.04%

The Old National Bancorp stock price fell by -0.0417% on the last day (Friday, 5th Jun 2026) from $23.97 to $23.96. During the last trading day the stock fluctuated 1.64% from a day low at $23.72 to a day high of $24.11. The price has been going up and down for this period, and there has been a 0.59% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -678 thousand shares and in total, 3 million shares were bought and sold for approximately $73.91 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 12.25% during the next 3 months and, with a 90% probability hold a price between $26.26 and $28.62 at the end of this 3-month period.

ONB Signals & Forecast

The Old National Bancorp stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $23.78 and $23.86. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, May 06, 2026, and so far it has fallen -2.48%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Old National Bancorp stock

Old National Bancorp finds support from accumulated volume at $23.44 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.390 between high and low, or 1.64%. For the last week the stock has had daily average volatility of 2.23%.

Our recommended stop-loss: $23.03 (-3.89%) (This stock has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 21 days ago.)

Trading Expectations (ONB) For The Upcoming Trading Day Of Monday 8th

For the upcoming trading day on Monday, 8th we expect Old National Bancorp to open at $23.93, and during the day (based on 14 day Average True Range), to move between $23.70 and $24.22, which gives a possible trading interval of +/-$0.514 (+/-2.17%) up or down from last closing price. If Old National Bancorp takes out the full calculated possible swing range there will be an estimated 2.17% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $23.97 (0.04%) than the support at $23.44 (2.17%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Old National Bancorp stock A Buy?

Old National Bancorp holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold candidate.

Current score: -0.508 Hold/Accumulate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 8, 2026 - $23.93 ( 0.125%).

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