HUNTINGTON BANCSHARES INC (HBAN)

US4461501045 - Common Stock

16.46  +0.18 (+1.11%)

After market: 16.46 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, HBAN scores 7 out of 10 in our technical rating. In the last year, HBAN was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month HBAN has a been trading in the 15.83 - 18.33 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that HBAN is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by HBAN over the past year are nicely spread over this period.
HBAN is one of the better performing stocks in the Banks industry, it outperforms 83% of 407 stocks in the same industry.
HBAN has an average volume of 14698500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
HBAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HBAN is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
HBAN Weekly chart
HBAN Daily chart
Setup Rating and Analysis

3

Although HBAN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

12.29

18.38

5 important support areas can be observed.

  • Support @16.32 from a horizontal line in the weekly time frame.
  • Support @15.91 from a horizontal line in the daily time frame.
  • Support @15.64 from a trend line in the daily time frame.
  • Support @14.86 from a trend line in the weekly time frame.
  • Support @12.41 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 16.47 to 16.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 18.01 to 18.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.21
Mansfield0.39
10 Day High17.52
10 Day Low15.83
20 Day High18.33
20 Day Low15.83
52 Week High18.45
52 Week Low12.02
Performance
1 Week-2.83%
2 Weeks-4.52%
1 Month-9.56%
3 Month12.43%
6 Month24.89%
12 Month29.4%
2 Year16.74%
3 Year6.74%
5 Year9.15%
10 Year56.46%
15 Year350.96%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)41.77
LBB15.73
UBB18.07
HBAN Daily chart

HUNTINGTON BANCSHARES INC

NASDAQ:HBAN (12/24/2024, 8:18:34 PM)

After market: 16.46 0 (0%)

16.46

+0.18 (+1.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.11%
1 Week-2.83%
2 Weeks-4.52%
1 Month-9.56%
3 Month12.43%
6 Month24.89%
12 Month29.4%
2 Year16.74%
3 Year6.74%
5 Year9.15%
10 Year56.46%
15 Year350.96%
Volatility
ATR(14)0.39
ATR(20)%2.22%
ATR Inc-39.67%
Range Today0.25
ADR(20)0.36
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.21
Mansfield0.39
10 Day High17.52
10 Day Low15.83
20 Day High18.33
20 Day Low15.83
52 Week High18.45
52 Week Low12.02
CS1 End16.32
CR1 Start16.47
Volume & EV
DER(3)5.43%
DER(5)1.56%
Volume5.07M
Volume Incr61.87%
Vol(5)20.14M
Vol(50)14.70M