ONB Stock Analysis: Old National Bancorp

Updated Nov 3, 2026, after the Nov 2 close. Nasdaq, Banks - Regional. Refreshed every trading day from the latest close.

$25.77 +2.71% Nov 2 close

The short answer

As of the Nov 2, 2026 close, QuantivFlow's Trend algo rates ONB EXIT on the short-term (daily) horizon, a stance it has held since Oct 26, 2026 at $25.03. The mid-term (weekly) and long-term (monthly) horizons read EXIT and EXIT. The Rebound algo's Mid term profile flagged a BUY on Oct 9, 2026 at $24.58. The Patterns algo sees a descending channel on the daily chart that broke out on Nov 2, 2026 at $25.42, with a measured target about 7% higher. The daily RSI (14) is 59, and the price sits 2.3% above the 50-day average and 5.5% above the 200-day.

Three algos, three opinions is normal: Trend follows the established direction, Rebound buys sharp dips inside it, Patterns reads the chart shape. Not investment advice.

What Trend meansA trend-following algo. BUY while an uptrend holds on that horizon, EXIT when it breaks. Long only, judged on daily, weekly and monthly candles.
What Rebound meansA dip-buying algo. BUY after a sharp short-term drop in an otherwise healthy stock, EXIT once price closes back above its 12-day average. Short term and Mid term profiles.
What Patterns meansA chart-shape detector. Finds wedges, double tops and bottoms, cup and handle and more, marks the breakout or breakdown and measures the textbook price target. Full method

Trend

rides uptrends, long only
Short term (daily)EXIT
Mid term (weekly)EXIT
Long term (monthly)EXIT

Daily EXIT since Oct 26, 2026 at $25.03. Weekly EXIT since Oct 9, 2026 at $24.58. Monthly EXIT since Jun 2025.

Rebound

buys sharp dips
Short termEXIT
Mid termBUY

Short term: the last dip trade closed on Oct 15, 2026 at $25.00; no open dip position. Mid term: BUY on Oct 9, 2026 at $24.58. The exit comes when price closes back above its 12-bar average or after 10 bars.

Patterns

chart shapes with targets
Daily: Descending channelBREAKOUT

The descending channel on the daily chart broke out on Nov 2, 2026 at $25.42, measured target 6.6% higher (about $27.10).

Daily indicators at the Nov 2 close

Read from the daily chart. The weekly and monthly readings are in the app.

MomentumValueRead
RSI (14)58.6neutral
MACD / signal0.03 / -0.06above signal, rising
ADX (14)16.1no clear trend
+DI / -DI27.4 / 18.5buyers lead
ATR (14)0.562.2% of price
Price levelsValuevs price
SMA 2024.93+3.4%
SMA 5025.19+2.3%
SMA 20024.43+5.5%
Bollinger (20, 2)24.28 to 25.58above the upper band
52-week range19.13 to 27.2182% of range
Volume4.7M0.9x the 20-day average

How the algos have done on ONB

Closed signals on this stock, from each algo's own history on the horizon named. Past results do not guarantee future results.

Trend, short term (2.9y)
42%win rate
-1.2%avg per trade
12closed trades
Trend, mid term (10y)
20%win rate
-6.7%avg per trade
5closed trades
Trend, long term (20y)
0%win rate
-13.3%avg per trade
5closed trades
Rebound, short term (2.8y)
63%win rate
-0.1%avg per trade
27closed trades
Rebound, mid term (10y)
67%win rate
+3.2%avg per trade
6closed trades
Patterns, all horizons (2y) Not enough measured breaks on this stock yet (1 detected; 5 needed).

Recent signals on ONB

DateAlgoHorizonSignalPriceNote
2026-11-02PatternsDaily Descending channel breakout 25.42target +6.6%
2026-10-26TrendShort term EXIT 25.03closed the BUY from $25.01 at +0.1%
2026-10-16TrendShort term BUY 25.01later closed
2026-10-15ReboundShort term EXIT 25.00closed the BUY from Oct 7 at +2.4%
2026-10-09ReboundMid term BUY 24.58open
2026-10-09TrendMid term EXIT 24.58closed the BUY from $26.34 at -6.7%
2026-10-07ReboundShort term BUY 24.42
2026-09-25ReboundShort term EXIT 25.49closed the BUY from Sep 21 at +1.0%
2026-09-21ReboundShort term BUY 25.25
2026-09-01ReboundShort term EXIT 25.04closed the BUY from Aug 18 at -5.5%

The full ONB analysis is in the QuantivFlow app

  • The descending channel drawn on the chart, with its $27.10 target
  • RSI, MACD, ADX, moving averages, Bollinger Bands and volume, read for you
  • How each algo has done on ONB: win rate, average gain, every past signal
  • A push notification the day a signal or pattern changes

Free on both stores. Scan the code with your phone, or search "QuantivFlow".

Free on the App Store and Google Play. Not installed? The button takes you to the store.

Questions about ONB

Is ONB in an uptrend right now?

Not by the Trend algo's reading, on any horizon. The daily horizon is EXIT since Oct 26, 2026. The weekly horizon is EXIT since Oct 9, 2026. The monthly horizon is EXIT since June 2025. Trend is long only: BUY means the uptrend holds on that horizon, EXIT means it broke.

Is ONB oversold?

No. The daily RSI (14) closed at 58.6; the classic oversold line is 30.

What chart pattern is ONB forming?

The descending channel on the daily chart broke out on Nov 2, 2026 at $25.42, measured target 6.6% higher (about $27.10).

Where is ONB's 200-day moving average?

$24.43 at the Nov 2, 2026 close, with the stock at $25.77, 5.5% above it. The 50-day average is $25.19, 2.3% below the price.

Is ONB a buy today?

QuantivFlow does not give advice. It shows what each algo sees: Trend is EXIT on the daily horizon, Rebound sees a dip worth buying for a short bounce, Patterns sees a descending channel that broke out with a target 7% higher. How you weigh the three depends on your horizon and risk tolerance; past signals do not guarantee future results.

Other financial services stocks

Generated by QuantivFlow after every trading day from the same scan that powers the app. Signals describe what the algos observed on end-of-day data, not what you should do. QuantivFlow is not a broker or an investment adviser. Trading involves risk, including the loss of principal.

Data as of Nov 2, 2026 close. Page updated Nov 3, 2026 11:51 UTC. Machine-readable version: quantivflow.com/stocks/ONB.json