ONB Stock Records a -0.67% Shift, Riding on bearish Momentum on May 23, 2025
Date: May 23, 2025 (Friday)
open : $20.28
close : $20.61
low : $20.17
high : $20.77
previous close: $20.75
Also check: Tool to spot which candlestick has formed
On May 23, 2025 (Friday), Old National Bancorp (ONB) in the Financial Services sector showed bearish momentum of -0.67% relative to previous day's close. The stock belongs to the Banks - Regional industry within the Financial Services sector.
At the opening bell, the stock started with a moderate gap down at $20.28, compared to the previous close of $20.75 (a moderate gap down of -2.27%).
Old National Bancorp which is a Mid-Cap stock with market cap of 7.624B hit a high of $20.77 and a low of $20.17, creating a trading range of $0.60. The price movement for the day was 1.63% higher than the opening price.
During the day's session, the Old National Bancorp saw a significant increase in trading activity, trading 13,105,736 shares, which is up 288.30% from the average of 3,375,118 shares. This surge in volume suggests heightened investor interest or a major event driving the stock's movement.
The stock showed moderate volatility (2.91%) with movement between $20.17 and $20.77.
If we look at the last 30 days daily chart, the stock has been in a downtrend, but today's close > open forms a bullish candle, defying the trend and suggesting potential buying pressure or an early sign of a possible reversal.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.