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Horizon Bncrp/In Shares Down 25.4% Since SmarTrend's Sell Call (HBNC)

By Shiri Gupta

SmarTrend identified a Downtrend for Horizon Bncrp/In (NASDAQ:HBNC) on June 18th, 2018 at $21.45. In approximately 14 months, Horizon Bncrp/In has returned 25.41% as of today's recent price of $16.00.

In the past 52 weeks, shares of Horizon Bncrp/In have traded between a low of $14.79 and a high of $21.24 and are now at $16.01, which is 8% above that low price. The 200-day and 50-day moving averages have moved 0.05% lower and 0.24% higher 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