Logo image of HBANL

HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP (HBANL) Stock Technical Analysis

NASDAQ:HBANL - Nasdaq - US4461507737

25.4  -0.19 (-0.74%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to HBANL. HBANL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

HBANL is part of the Banks industry. There are 405 other stocks in this industry, of which 72% are performing better than HBANL.
Warning: HBANL has an average volume of 22519 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month HBANL has a been trading in the 24.78 - 26.29 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, HBANL turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
HBANL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HBANL is lagging the market.
Weekly and Daily overview Charts
HBANL Weekly chart
HBANL Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, HBANL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 24.90, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

23.89

26.77

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 24.67 to 24.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 24.13 to 24.15. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 25.44 to 26.50. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS47.43
Mansfield-0.8
10 Day High26.2
10 Day Low24.78
20 Day High26.29
20 Day Low24.78
52 Week High26.61
52 Week Low23.82
Performance
1 Week2.42%
2 Weeks-2.68%
1 Month-2.42%
3 Month-2.23%
6 Month1.93%
12 Month3.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.02
RSI(14)44.77
LBB24.74
UBB26.4
HBANL Daily chart

HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP

NASDAQ:HBANL (1/17/2025, 8:05:33 PM)

25.4

-0.19 (-0.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.74%
1 Week2.42%
2 Weeks-2.68%
1 Month-2.42%
3 Month-2.23%
6 Month1.93%
12 Month3.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.84%
ATR Inc3.5%
Range Today0.48
ADR(20)0.43
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.43
Mansfield-0.8
10 Day High26.2
10 Day Low24.78
20 Day High26.29
20 Day Low24.78
52 Week High26.61
52 Week Low23.82
CS1 End24.9
CR1 Start25.44
Volume & EV
DER(3)-4.78%
DER(5)-5.54%
Volume6.90K
Volume Incr-25.57%
Vol(5)19.34K
Vol(50)22.52K