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HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) Stock Technical Analysis

NASDAQ:HBANM - Nasdaq - US4461507810

23.26  -0.24 (-1.02%)

Technical Rating and Analysis

1

Taking everything into account, HBANM scores 1 out of 10 in our technical rating. HBANM 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.

HBANM is one of the lesser performing stocks in the Banks industry. 69% of 405 stocks in the same industry do better.
Warning: HBANM has an average volume of 18894 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, HBANM outperforms 50% of them, which is more or less in line with the market.
HBANM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HBANM is lagging the market.
In the last month HBANM has a been trading in the 22.45 - 25.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
HBANM Weekly chart
HBANM Daily chart
Setup Rating and Analysis

7

HBANM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 23.10, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

21.63

25.48

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 22.54 to 23.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @21.85 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 23.61 to 23.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 24.87 to 25.23. 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
CRS50.02
Mansfield-0.73
10 Day High24.75
10 Day Low23.07
20 Day High25.39
20 Day Low22.45
52 Week High25.39
52 Week Low21.17
Performance
1 Week-2.88%
2 Weeks-5.06%
1 Month-0.43%
3 Month-3.92%
6 Month2.9%
12 Month6.67%
2 Year-3.08%
3 Year-9%
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)-0.09
RSI(14)43.62
LBB22.81
UBB25.24
HBANM Daily chart

HUNTINGTON BANCSHARES - HBAN 5.7 PERP

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

23.26

-0.24 (-1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.02%
1 Week-2.88%
2 Weeks-5.06%
1 Month-0.43%
3 Month-3.92%
6 Month2.9%
12 Month6.67%
2 Year-3.08%
3 Year-9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%2.7%
ATR Inc-28.66%
Range Today0.53
ADR(20)0.58
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.02
Mansfield-0.73
10 Day High24.75
10 Day Low23.07
20 Day High25.39
20 Day Low22.45
52 Week High25.39
52 Week Low21.17
CS1 End23.1
CR1 Start23.61
Volume & EV
DER(3)-5.44%
DER(5)-5.38%
Volume6.90K
Volume Incr-50.38%
Vol(5)13.12K
Vol(50)18.89K