HBNC NASDAQ Week ended 07 Aug 2026

Weekly Investor Report

Horizon Bancorp · Financial Services · Banks - Regional

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Latest close 20.42 USD
-0.1% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 12.3% above the Trend Line and sits at 90.7% of its 52-week range. The latest completed week returned -0.1%, after a 4.3% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks weakly; valuation is neither clearly cheap nor expensive. Options positioning is bullish with 46/100 conviction, while the latest news-sentiment score is 57/100. Near-term considerations: price is close to its 52-week high; volume confirmation is below normal; earnings are due in 69d.

Setup score 72 out of 100
Latest Close 20.42 USD 7 Aug 2026
1W Return -0.1% latest completed week
4W Return 4.3% short-term follow-through
12W Return 17.0% quarterly tape
Trend Breadth 88.5% 46 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
What is working
  • The trend backdrop is active with a 18-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • 2 reversal markers appear in the recent smart-money tape.
What to watch next
  • Price is close to its 52-week high; watch for continuation or exhaustion.
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through -0.1% Latest completed week; four-week move 4.3%. Indicator stack 94/74 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Options pressure Bullish 46/100 conviction; expected move 4.0%. News sentiment 57/100 49 relevant articles in the latest sentiment read. Event risk 69d Next report is scheduled for 21 Oct 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 12.3% above the Trend Line and sits at 90.7% of its 52-week range. The latest completed week returned -0.1%, after a 4.3% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.9x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 Aug
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.9912-week average 0.85

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership7/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.99Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers22 reversal markers

No recent accumulation markers. 2 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 4.3% over four weeks, 17.0% over 12 weeks, and 38.1% over one year. The current trend has remained active for 18 consecutive weeks.

Performance by holding period

1W-0.1%
4W4.3%
12W17.0%
26W11.0%
52W38.1%
Active trend streak18 weeks
Active weeks in one year46
Trend breadth88.5%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure1.36Latest activity-pressure read.
Pressure change-6.5%Four-week change in activity pressure.
Leadership3.42Latest relative-leadership reading.
RS change798.5%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks weakly; valuation is neither clearly cheap nor expensive.

Open full factor analysis
Factor week 09 Aug 2026 Financial statements through 30 Jun 2026 Field coverage 91% Model confidence 91%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength25/100Blend of value, momentum, and quality. Underlying universe rank 76; rank 1 is best.
Value36/100Relative valuation strength. Underlying universe rank 65; rank 1 is best.
Quality12/100Profitability and accounting quality. Underlying universe rank 89; rank 1 is best.
Momentum70/100Medium-term price momentum. Underlying universe rank 31; rank 1 is best.
Growth11/100Revenue and earnings growth. Underlying universe rank 90; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
-
Price divided by trailing earnings.
Price / sales
10.9x
Market value relative to trailing revenue.
EV / EBITDA
-
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
8.4%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
-12.6%
Gross profit retained from each unit of revenue.
Operating margin
-198.0%
Operating profit retained from revenue.
Free-cash-flow margin
105.8%
Free cash flow generated from revenue.
Return on invested capital
-16.0%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-74.3%
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
316.7%
Latest one-year free-cash-flow growth.
Piotroski F-score
4/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
3.1%
Cash dividends relative to market value.
Buyback yield
-9.4%
Net share repurchases relative to market value.
Shareholder yield
-6.3%
Dividend yield plus net buyback yield.
Net debt / EBITDA
-0.9x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningBullish

HBNC shows bullish options pressure with a 46/100 conviction score, put-call volume ratio of 0.00, expected move of 4.0%, and Sharemaestro trend signal active.

Conviction46/100
Expected move4.0%
Put/call volume0.00
Pressure100
Speculation1
Volatility33
Trend agreement0
Open options detail
Insider activity8 / 2

8 acquisitions and 2 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment57/100

Weighted news tone is neutral across 49 relevant articles.

20 positive · 25 neutral · 4 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings69dNext report is scheduled for 21 Oct 2026; event risk rises as the date approaches.
Options expected move4.0%Nearest-chain priced movement where available.
52-week drawdown-2.9%Distance below the 52-week high.
13-week volatility2.9%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher14 of 2612 weeks finished lower.
Best week+5.6%Week of 10 Apr.
Worst week-6.9%Week of 27 Feb.
Latest week-0.1%Week of 7 Aug.

Shape of recent returns

Strong gains5
Modest gains9
Flat weeks0
Modest losses10
Sharp losses2
Recent vol2.9%13-week weekly-return volatility.
Base vol3.5%52-week weekly-return volatility.
Up/down split30/22Count of positive and negative weeks in the 52-week window.
Average skew3.1% / -2.6%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape74/100

Trend, activity pressure, participation, and risk combine to a 74/100 tape read.

 Indicator analysis80/100

Latest 12-week confirmation: trend 12/12, activity pressure 12/12, relative leadership 7/12.

Activity pressure 0.99; 2 reversal markers Factors33/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 86; Small Cap Core rank 78 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options44/100

HBNC shows bullish options pressure with a 46/100 conviction score, put-call volume ratio of 0.00, expected move of 4.0%, and Sharemaestro trend signal active.

Bullish · Call-side pressure · Expected move 4.0% Sentiment57/100

Weighted news tone is neutral across 49 relevant articles.

The Bull Case For Horizon Bancorp (HBNC) Could Change Following Strong Q2 Earnings And Higher Charge-Offs Insiders8 / 2

8 acquisitions and 2 disposals in the latest 180-day insider tape.

 Earnings69d

Next report is scheduled for 21 Oct 2026; event risk rises as the date approaches.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
7 Aug 202620.42 USD-0.1%18.19 USD14.46 USD1.363.422.6MOn
31 Jul 202620.45 USD1.9%18.07 USD14.40 USD1.369.043.5MOn
24 Jul 202620.06 USD-1.2%17.93 USD14.34 USD1.377.804.4MOn
17 Jul 202620.30 USD3.7%17.84 USD14.28 USD1.447.532.9MOn
10 Jul 202619.58 USD-1.0%17.75 USD14.22 USD1.46-0.492.7MOn
3 Jul 202619.78 USD-1.7%17.70 USD14.15 USD1.552.303.3MOn
26 Jun 202620.13 USD4.9%17.61 USD14.08 USD1.494.927.9MOn
19 Jun 202619.18 USD-2.1%17.50 USD14.01 USD1.15-4.412.8MOn
12 Jun 202619.59 USD5.3%17.39 USD13.95 USD0.840.162.2MOn
5 Jun 202618.60 USD1.1%17.27 USD13.88 USD0.40-2.682.3MOn
29 May 202618.40 USD1.1%17.17 USD13.82 USD0.13-8.101.4MOn
22 May 202618.19 USD4.2%17.07 USD13.76 USD0.04-6.691.3MOn
15 May 202617.46 USD-4.8%17.00 USD13.70 USD0.04-9.521.5MOn
8 May 202618.34 USD0.9%16.92 USD13.63 USD0.06-5.561.3MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.

Evidence context