FILTRIX Logo FILTRIX Find Your Edge →

Latest signal:

ONB Stock Analysis

Data source: Trade-Ideas Alerts | 1 alerts analyzed | Backtest period: 2023-12-15 → 2023-12-15

⚠️ Small sample size (1 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

📍 NASDAQ 📅 IPO: Jun 04, 1984 🔗 www.oldnational.com
💰 Market Cap: $9.17B 👥 Employees: 5,243
Old National Bancorp with almost $10 billion in assets following its latest acquisition, Old National Bancorp is a financial services bank holding company headquartered in Indiana. Based in Evansville, Ind., Old National owns multiple financial services operations in Indiana, Illinois, and Kentucky. The company provides a group of similar community banking services, including such products and services as commercial, real estate, and consumer loans; deposits; and brokerage, trust, and investment advisory services.
📊
1
Total Alerts
🎯
0.0%
Win Rate (5MIN)
💰
-0.32%
Avg Gain (5MIN)
🚀
+0.06%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 0.0%
Avg Gain: -0.32%
Avg Winner: +0.00%
Avg Loser: -0.32%
Best: -0.32%
Worst: -0.32%
Trades: 0/1

15MIN

Win Rate: 0.0%
Avg Gain: -1.21%
Avg Winner: +0.00%
Avg Loser: -1.21%
Best: -1.21%
Worst: -1.21%
Trades: 0/1

30MIN

Win Rate: 0.0%
Avg Gain: -1.29%
Avg Winner: +0.00%
Avg Loser: -1.29%
Best: -1.29%
Worst: -1.29%
Trades: 0/1

60MIN

Win Rate: 0.0%
Avg Gain: -1.15%
Avg Winner: +0.00%
Avg Loser: -1.15%
Best: -1.15%
Worst: -1.15%
Trades: 0/1

EOD (End of Day)

Win Rate: 0.0%
Avg Gain: -2.35%
Avg Winner: +0.00%
Avg Loser: -2.35%
Best: -2.35%
Worst: -2.35%
Trades: 0/1

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +0.06%
Best MFE: +0.06%
Avg Time to MFE: 3 min

On average, ONB alerts reach +0.06% profit potential within 3 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.52%
Worst MAE: -0.52%
Avg Time to MAE: 3 min

Before reaching MFE, expect an average drawdown of 0.52%.

⚖️ Risk/Reward Ratio

0.11:1

Challenging risk/reward - consider tighter stops.

💡 Trading Insight: Based on 1 alerts, ONB typically reaches +0.06% profit before pulling back. Consider setting profit targets around 0.0% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 1
Gap Up % 0.0%
Avg Gap -0.23%
Best Gap -0.23%

🏭 Sector Comparison: NATIONAL COMMERCIAL BANKS

How ONB compares to 29 other tickers in the same sector.

5-Min Gain
ONB: -0.32% Sector: -0.06% -0.25%
EOD Gain
ONB: -2.35% Sector: -0.08% -2.28%
Avg MFE
ONB: +0.06% Sector: +1.53% -1.48%

📋 Last 20 Alerts

Historical ONB alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2023-12-15 09:27:00 $17.41 -0.32% -1.21% -1.29% -1.15% -2.35% +0.06% -0.52% -0.23% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ ONB Shows Negative Expectancy

With 0.0% win rate and -0.32% average gain, ONB alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider ONB for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze ONB with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for ONB. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, ONB historically offers an average upside of +0.06% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 ONB Momentum Personality

With a baseline win rate of 0.0%, ONB shows negative momentum - the stock tends to fade after alerts. This pattern suggests ONB may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: ONB shows negative expectancy across all tested intraday timeframes (Best: 5MIN at -0.32%). This suggests ONB is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.