Old National Bancorp

Despite extreme overbought readings, ONB remains in a high-confidence Stage 2 advancing phase with a recent momentum breakout. Price is tightly tracking rising EMAs and has cleared key resistance near the 52-week high, signaling continuation potential. The dominant structural context and primary pattern imply fresh demand and expansionary bias. With EMAs aligned and momentum intact, execution favors buying now to participate in further upside.

• ↑Q1 adjusted EPS $0.61, driven by 8% annualized loan growth and disciplined expense control.
• ↑CET1 capital ratio improved to 10.74% post-Bremer merger; tangible book value per share up 15%.
• ↓Profitability metrics weak; core profit conversion challenges may pressure margins.