- High gross margin of 64.5%
- Strong operating margin of 24.8%
- Highly efficient cash conversion (96% FCF/OCF ratio)
Old National Bancorp stock downgraded from Hold/Accumulate to Sell Candidate after Monday trading session
(Updated on Jun 22, 2026)
The Old National Bancorp stock price gained 0.0603% on the last trading day (Monday, 22nd Jun 2026), rising from $24.89 to $24.91. During the last trading day the stock fluctuated 0.361% from a day low at $24.91 to a day high of $25.00. The price has been going up and down for this period, and there has been a 0.58% gain for the last 2 weeks. Volume fell on the last day by -7 shares and in total, 3 thousand shares were bought and sold for approximately $75.84 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Old National Bancorp stock with a 90% probability to be traded between $24.26 and $24.89 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
ONBPP Signals & Forecast
The Old National Bancorp stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $24.94. On a fall, the stock will find some support from the long-term average at approximately $24.81. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Monday, June 15, 2026, and so far it has fallen -0.658%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Old National Bancorp stock
Old National Bancorp finds support from accumulated volume at $24.90 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.0900 between high and low, or 0.361%. For the last week the stock has had daily average volatility of 0.511%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ONBPP) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect Old National Bancorp to open at $24.94, and during the day (based on 14 day Average True Range), to move between $24.83 and $24.98, which gives a possible trading interval of +/-$0.154 (+/-0.62%) up or down from last closing price. If Old National Bancorp takes out the full calculated possible swing range there will be an estimated 0.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $24.90 (0.02%) than the resistance at $24.95 (0.18%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Dividend Warning For ONBPP
Dividend coming up for ONBPP: Ex-dividend date (Wednesday 5th August, 2026) is 43 days away. The dividend is $0.440.Is Old National Bancorp stock A Buy?
Old National Bancorp holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.
Current score:
-2.627
Sell Candidate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on June 23, 2026 - $24.94 ( 0.120%).
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ONBPP Performance
Trading levels for ONBPP
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 25.03 | 0.482% |
| R2 | 24.99 | 0.344% |
| R1 | 24.97 | 0.259% |
| Price | 24.91 | |
| S1 | 24.90 | -0.0176% |
| S2 | 24.88 | -0.103% |
| S3 | 24.85 | -0.241% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 24.96 | 0.221% |
| R2 | 24.95 | 0.180% |
| R1 | 24.95 | 0.179% |
| Price | 24.91 | |
| S1 | 24.90 | -0.0201% |
| S2 | 24.77 | -0.542% |
| S3 | 24.71 | -0.783% |
ONBPP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 05, 2026 | Aug 05, 2026 | Aug 20, 2026 | $0.438 | 1.76% |
| 2 | May 05, 2026 | May 05, 2026 | May 20, 2026 | $0.438 | 1.74% |
| 3 | Feb 05, 2026 | Feb 05, 2026 | Feb 20, 2026 | $0.438 | 1.75% |
| 4 | Nov 05, 2025 | Nov 05, 2025 | Nov 20, 2025 | $0.438 | 1.74% |
| 5 | May 14, 2025 | Aug 05, 2025 | Aug 20, 2025 | $0.438 | 1.75% |
FAQ
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Buy ONBPP
A sell signal from a double top formation was found on Monday, May 04, 2026 and based on theory for this formation the price should fall by -1.44% to $24.55 within 7 trading days (Wednesday, May 13, 2026) since signal was issued.