Old National Bancorp (ONB) : Traders are bullish on Old National Bancorp (ONB) as it has outperformed the S&P 500 by a wide margin of 3.01% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.68%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.61% in the last 1 week, and is up 6.47% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.76% and the 50-Day Moving Average is 3.05%. Old National Bancorp. has dropped 0.81% during the last 3-month period . Year-to-Date the stock performance stands at -0.82%.
Old National Bancorp (NASDAQ:ONB): stock turned positive on Friday. Though the stock opened at $13.1, the bulls momentum made the stock top out at $13.19 level for the day. The stock recorded a low of $12.99 and closed the trading day at $13.16, in the green by 0.30%. The total traded volume for the day was 1,030,091. The stock had closed at $13.12 in the previous days trading.
Old National Bancorp (Old National) is a financial holding company. The Company through its wholly owned banking subsidiary provides a range of services, including commercial and consumer loan and depository services, private banking, brokerage, trust, investment advisory, and other traditional banking services. Through its non-bank affiliates, it provides insurance brokerage services and other financial services. It operates in two segments: banking, which consists of lending and depository activities along with cash management, private banking, brokerage, trust and investment advisory services, and insurance, which offers full-service insurance brokerage services, including commercial property and casualty, surety, loss control services, employee benefits consulting and administration, and personal insurance. Old National Bank provides a range of services, including commercial and consumer loan and depository services, lease financing and other traditional banking services.