TraderEye Market View: ONB Stock Analysis: Weekly Three Methods Pattern Signals Potential Upside in 2025

Tuesday, February 4, 2025

ONB Stock Analysis: Weekly Three Methods Pattern Signals Potential Upside in 2025

Old National Bancorp (ONB), a leading regional bank in the U.S., is demonstrating a Three Methods pattern on its weekly chart, signaling potential continued bullish momentum. This technical pattern, combined with the bank's strong financial position and growth prospects, makes ONB an interesting stock to watch for 2025.

Understanding the Three Methods Pattern

The Three Methods pattern is a continuation pattern used in technical analysis to confirm an ongoing trend. It consists of:

A strong initial candle that aligns with the prevailing trend.
Three smaller counter-trend candles that remain within the range of the first candle, indicating consolidation without a full reversal.
A final strong candle in the direction of the trend, confirming that momentum is resuming.

This pattern is considered a reliable indicator of trend continuation, suggesting that ONB may have further upside potential based on its current bullish structure. The attached weekly chart highlights this pattern.

ONB’s Strengths and 2025 Profitability Potential

Steady Financial Performance – Old National Bancorp maintains a strong balance sheet with solid asset quality, making it resilient in changing economic conditions.
Strategic Acquisitions & Expansion – The company has been actively expanding its footprint through acquisitions, enhancing its market presence and revenue streams.
Dividend Stability – ONB has a history of stable dividend payments, making it an attractive option for income-focused investors.
Interest Rate Impact – As a regional bank, ONB benefits from higher interest rates, which improve net interest margins and overall profitability.
Operational Efficiency – The company continues to optimize costs and improve digital banking services, positioning it for long-term growth.

Legal Disclaimer

The information provided is for educational purposes only and does not constitute financial advice. Readers are solely responsible for any investment decisions. It is recommended to consult with a financial advisor and conduct thorough research before making any investment.

(Attached: Weekly chart highlighting the Three Methods pattern.)

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