Old National Bancorp Stock Forecast

Buy or Hold candidate since Jun 09, 2026 Gain 12.40%

The Old National Bancorp stock price gained 3.45% on the last trading day (Thursday, 16th Jul 2026), rising from $26.38 to $27.29. During the last trading day the stock fluctuated 3.48% from a day low at $26.40 to a day high of $27.32. The price has risen in 6 of the last 10 days and is up by 4.04% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $171.98 million.

The stock has broken the strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $26.86, a level that may pose a second chance to hit a runner. According to fan-theory $29.03 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $26.35 and $25.17. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, July 08, 2026, and so far it has risen 6.06%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

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

On the downside, the stock finds support just below today's level from accumulated volume at $25.88 and $24.02. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Old National Bancorp finds support just below today's level at $25.88. If this is broken, then the next support from accumulated volume will be at $24.02 and $23.96.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.92 (3.48%) between high and low. For the last week, the stock has had daily average volatility of 1.77%.

Our recommended stop-loss: $26.23 (-3.90%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (ONB) For The Upcoming Trading Day Of Friday 17th

For the upcoming trading day on Friday, 17th we expect Old National Bancorp to open at $27.00, and during the day (based on 14 day Average True Range), to move between $27.03 and $27.55, which gives a possible trading interval of +/-$0.529 (+/-1.96%) up or down from last closing price. If Old National Bancorp takes out the full calculated possible swing range there will be an estimated 1.96% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $25.88, some $1.41 (5.17%) from the current price of $27.29, our system finds the risk reward attractive.

Is Old National Bancorp stock A Buy?

Old National Bancorp holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 8.713 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 17, 2026 - $27.00 ( 1.05%).

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