Old National Bancorp’s recently made public that its Former SEVP, Chief Financial O Brendon B. Falconer acquired Company’s shares for reported $0.18 million on Oct 15 ’24. In the deal valued at $19.13 per share,9,599 shares were bought.
Then, Brendon B. Falconer bought 32,452 shares, generating $583,162 in total proceeds.
Before that, RYAN C KITCHELL bought 20,000 shares. Old National Bancorp shares valued at $375,000 were divested by the DIRECTOR at a price of $18.75 per share.
Raymond James upgraded its Old National Bancorp [ONB] rating to a Strong buy from a a Mkt perform in a research note published recently. Barclays began covering ONB with “an Overweight” recommendation on March 08, 2024. Citigroup started covering the stock on December 01, 2023. It rated ONB as “a Buy”.
Price Performance Review of ONB
On Friday, Old National Bancorp [NASDAQ:ONB] saw its stock jump 1.42% to $21.47. Over the last five days, the stock has lost -2.41%. Old National Bancorp shares have fallen nearly -1.08% since the year began. Nevertheless, the stocks have risen 29.73% over the past one year. While a 52-week high of $23.76 was reached on 01/02/25, a 52-week low of $15.36 was recorded on 01/03/25. SMA at 50 days reached $21.53, while 200 days put it at $18.70.
Levels Of Support And Resistance For ONB Stock
The 24-hour chart illustrates a support level at 21.05, which if violated will result in even more drops to 20.63. On the upside, there is a resistance level at 21.71. A further resistance level may holdings at 21.95. The Relative Strength Index (RSI) on the 14-day chart is 44.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.47%. Stochastics %K at 27.01% indicates the stock is a holding.
How much short interest is there in Old National Bancorp?
A steep rise in short interest was recorded in Old National Bancorp stocks on 2024-12-13, growing by 23.16 million shares to a total of 34.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 11.14 million shares. There was a rise of 67.51%, which implies that there is a positive sentiment for the stock.
