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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.

Showing technical analysis as on 2024-02-27 View latest technical analysis

10 day averaged volume of Horizon Bancorp is 169570

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	11.79	11.97	12.06	11.72	0.697 times
26 Mon Feb 2024	11.80	12.00	12.16	11.77	0.732 times
23 Fri Feb 2024	12.10	12.07	12.25	11.86	1.087 times
22 Thu Feb 2024	12.06	12.28	12.40	11.98	1.075 times
21 Wed Feb 2024	12.33	12.37	12.39	12.12	0.849 times
20 Tue Feb 2024	12.42	12.50	12.67	12.37	1.013 times
16 Fri Feb 2024	12.72	12.56	12.82	12.44	1.018 times
15 Thu Feb 2024	12.76	12.34	12.85	12.33	0.936 times
14 Wed Feb 2024	12.18	12.15	12.24	11.95	0.859 times
13 Tue Feb 2024	11.92	12.29	12.34	11.80	1.326 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12, but if it comes above 12, then a intra day buy could be more profitable.
If you take a sell trade below 12, then use 12 as stoploss and 11.4 as target. However if you take a buy trade in stock , then use 12 as stoploss and 12.45 as target.

Share price targets for Horizon Bancorp (HBNC)

Target Type	Value
Downside Target	9.22
Downside Target	10.78
Downside Target	11.35
Downside Target	11.72
Upside Target	12.16
Upside Target	12.41
Upside Target	12.67
Upside Target	12.84
Upside Target	13.00
Upside Target	13.50
Upside Target	14.10
Upside Target	14.53
Upside Target	14.71

Intraday share price targets for Horizon Bancorp (HBNC)

Target Type	Value
Downside Intraday Target	11.62
Downside Intraday Target	11.45
Upside Intraday Target	12.06
Upside Intraday Target	12.33
Upside Intraday Target	11.89

Weekly technical analysis of Horizon Bancorp (HBNC)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	11.79	12.00	12.16	11.72	0.355 times
23 Fri Feb 2024	12.10	12.50	12.67	11.86	0.767 times
16 Fri Feb 2024	12.72	12.49	13.00	11.80	1.036 times
09 Fri Feb 2024	12.52	12.49	12.84	11.73	0.796 times
02 Fri Feb 2024	12.70	13.87	14.10	12.41	1.431 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
27 Tue Feb 2024	11.79	13.24	13.50	11.72	1.012 times
31 Wed Jan 2024	13.11	14.14	14.53	12.67	0.755 times
29 Fri Dec 2023	14.31	10.88	14.71	10.78	1.514 times
30 Thu Nov 2023	10.89	9.50	11.35	9.35	0.902 times

Scroll below to view daily charts

Price has moved down 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)

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Horizon Bancorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Horizon Bancorp in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 12.22 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 negative.

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