HUNTINGTON BANCSHARES INC (HBAN) Stock Technical Analysis
NASDAQ:HBAN - Nasdaq - US4461501045 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to HBAN. Although HBAN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month HBAN has a been trading in the 15.67 - 17.54 range, which is quite wide. It is currently trading near the lows of this range.
HBAN has an average volume of 18772200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, HBAN did better than 72% of all other stocks. However, HBAN's most recent performance is quite weak.
HBAN is an average performer in the Banks industry, it outperforms 48% of 405 stocks in the same industry.
HBAN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HBAN is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of HBAN is bad and it also does not present a quality setup 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.
More info and screens
15.50
18.38
When analyzing the support we notice one important area.
- A support zone ranging from 15.66 to 16.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.41 to 16.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.05 from a trend line in the daily time frame.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.84
Mansfield0.13
10 Day High16.93
10 Day Low15.67
20 Day High17.54
20 Day Low15.67
52 Week High18.45
52 Week Low12.05
Performance
1 Week-4.58%
2 Weeks-4.74%
1 Month-6.79%
3 Month-10.83%
6 Month7.28%
12 Month24.02%
2 Year4.83%
3 Year3.48%
5 Year30.89%
10 Year46.8%
15 Year233.89%
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)-0.11
RSI(14)38.54
LBB15.78
UBB17.33
16.06
+0.25 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.58%
1 Week-4.58%
2 Weeks-4.74%
1 Month-6.79%
3 Month-10.83%
6 Month7.28%
12 Month24.02%
2 Year4.83%
3 Year3.48%
5 Year30.89%
10 Year46.8%
15 Year233.89%
Volatility
ATR(14)0.38
ATR(20)%2.4%
ATR Inc40.62%
Range Today0.35
ADR(20)0.36
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.84
Mansfield0.13
10 Day High16.93
10 Day Low15.67
20 Day High17.54
20 Day Low15.67
52 Week High18.45
52 Week Low12.05
CS1 End16.02
CR1 Start16.41
Volume & EV
DER(3)2.14%
DER(5)-0.11%
Volume25.80M
Volume Incr31.73%
Vol(5)25.44M
Vol(50)18.77M