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Is HBNC poised for a decline? Bearish Engulfing shows up after dropping 2.66%

Horizon Bancorp (IN) (HBNC) — Nightly Technical Analysis · Jul 2, 2026, 19:55 ET
HBNC finished lower by 2.66% on Thursday, July 2nd, trading 1.2 times its typical volume. Multiple bearish signals emerged — New 52 Week High and Bearish Engulfing — suggesting potential weakness ahead. Key support levels exist at 19.55, 19.31 & 18.88, with resistance at 20.22, 20.65 & 20.89. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of HBNC: A

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Horizon Bancorp (IN) (HBNC)