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Is HBNC showing downside potential? Bearish Engulfing shows up after sliding 2.76%

Horizon Bancorp (IN) (HBNC) — Nightly Technical Analysis · Jul 2, 2026, 17:42 ET
HBNC closed down 2.76% on Thursday, July 2nd, with volume running 1.1× above average. Multiple bearish signals emerged — New 52 Week High and Bearish Engulfing — suggesting potential weakness ahead. Key support levels exist at 19.53, 19.3 & 18.86, with resistance at 20.21, 20.65 & 20.88. Meanwhile, Slow Stochastic is showing overbought conditions.

Current SwingTradeBot Technical Rating of HBNC: A

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Horizon Bancorp (IN) (HBNC)