The Relative Strength (RS) Rating for Old National Bancorp moved up into a new percentile Thursday, as it got a lift from 63 to 72.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an RS Rating of above 80 in the early stages of their moves. See if Old National Bancorp can continue to rebound and hit that benchmark.
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Old National Bancorp is trying to complete a flat base with a 20.43 buy point. See if the stock can clear the breakout price in heavy trading.
Earnings grew -10% last quarter, up from -15% in the prior report. Revenue also increased, from 3% to 7%.
Old National Bancorp earns the No. 29 rank among its peers in the Banks-Midwest industry group. First Internet Bancorp, Nicolet Bankshares and ChoiceOne Financial Svcs are among the top 5 highly rated stocks within the group.
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