Is Horizon Bancorp, Inc. (Indiana) technically bullish or bearish?

As of 31 October 2025, the technical trend for Horizon Bancorp, Inc. (Indiana) has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by the weekly and monthly MACD and KST indicators, both of which are mildly bearish. The Bollinger Bands indicate a bearish signal on the weekly timeframe, while the daily moving averages show a mildly bullish stance, suggesting some short-term support. The stock has underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of -3.17% versus the S&P 500's 16.30%.