Is ONB Worth Buying in 2026?

Old National Bancorp

STOCK NATIONAL COMMERCIAL BANKS Updated 2026-08-23

Here’s whether Old National Bancorp (ONB) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Neutral.

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Neutral

Positives: trading above the 200-day MA (long-term uptrend intact); 50-day MA is rising (+2.11% over 10 days); strong 1-year return of +20.3%; 3-month momentum positive (+7.8%). Concerns: below the 50-day MA (medium-term momentum negative); declining volume on rally — weak conviction (0.69x 30d avg). Currently 5.7% off its 52-week high. Score: +3/7.

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ONB is holding above its long-term 200-day MA ($23.85) but has slipped below the 50-day MA ($26.19), pointing to short-term weakness in an otherwise intact trend. An RSI of 32.4 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +20.3% compares to +20.5% for SPY (trailed the market by 0.2%).

$10,000 invested 1 year ago → $12,027 today
vs. S&P 500 (SPY) — same period trailed market by 0.2%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($23.85)
Above 50-day MA ($26.19)
RSI(14) neutral zone (30–70) — currently 32.4
Positive return (+20.3%)
Within 10% of period high (−5.7%)
Period Range $25.81
$19.39 $27.36
RSI (14) 32.4
0 · OversoldOverbought · 100

Key Metrics

Price$25.81
Period Return+20.3%
Period High$27.36
Period Low$19.39
Drawdown−5.7%
MA-50$26.19
MA-200$23.85
RSI (14)32.4
Avg Volume (30d)4.3M
vs. SPYtrailed by 0.2%
Return Rank#411 of 999

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