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23.5% Return Seen to Date on SmarTrend Horizon Bncrp/In Call (HBNC)

By David Diaz

SmarTrend identified a Downtrend for Horizon Bncrp/In (NASDAQ:HBNC) on June 18th, 2018 at $21.45. In approximately 8 months, Horizon Bncrp/In has returned 23.50% as of today's recent price of $16.41.

Horizon Bncrp/In share prices have moved between a 52-week high of $49.79 and a 52-week low of $14.79 and are now trading 11% above that low price at $16.41 per share. The 200-day and 50-day moving averages have moved 2.89% lower and 0.14% lower over the past week, respectively.

Horizon Bancorp is the holding company for Horizon Bank, N.A. and its wholly-owned subsidiaries. The Bank and its subsidiaries provide commercial and retail banking, investment management services, commercial and personal property and casualty insurance services, retail lending, and insurance credit life sales. Horizon Bank operates in LaPorte and Porter counties, Indiana.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Horizon Bncrp/In.

Log in and add Horizon Bncrp/In (HBNC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights horizon bncrp/in

Ticker(s): HBNC