HUNTINGTON BANCSHARES INC (HBAN) Stock Technical Analysis
NASDAQ:HBAN - Nasdaq - US4461501045 - Common Stock - Currency: USD
Taking everything into account, HBAN scores 7 out of 10 in our technical rating. HBAN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
In the last month HBAN has a been trading in the 14.07 - 16.23 range, which is quite wide. It is currently trading near the high of this range.
HBAN has an average volume of 22580200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HBAN is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
HBAN is part of the Banks industry. There are 396 other stocks in this industry, HBAN did better than 47% of them.
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.
Although HBAN has an excellent technical rating, the quality of the presented setup is not ideal 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
12.29
16.10
We found 3 important support areas.
- A support zone ranging from 15.79 to 15.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.89 from a trend line in the weekly time frame.
- Support @12.41 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.28
Mansfield0.09
10 Day High16.23
10 Day Low14.87
20 Day High16.23
20 Day Low14.07
52 Week High18.45
52 Week Low11.92
Performance
1 Week-0.93%
2 Weeks7.12%
1 Month14.43%
3 Month-1.3%
6 Month-10.9%
12 Month16.01%
2 Year54.61%
3 Year14.84%
5 Year79.3%
10 Year43.22%
15 Year158.77%
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)65
LBB14.43
UBB16.64
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.24 | 15.78 | 0.46 (2.83%) | 25.00% |
| An entry @16.24. This is a Buy Stop order right above the 10 day high. | An exit @15.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.46 points, which is 2.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- The distance between exit and entry is rather small compared to the average daily movement of HBAN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.94
-0.18 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.12%
1 Week-0.93%
2 Weeks7.12%
1 Month14.43%
3 Month-1.3%
6 Month-10.9%
12 Month16.01%
2 Year54.61%
3 Year14.84%
5 Year79.3%
10 Year43.22%
15 Year158.77%
Volatility
ATR(14)0.32
ATR(20)%2.19%
ATR Inc-34.85%
Range Today0.22
ADR(20)0.29
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.28
Mansfield0.09
10 Day High16.23
10 Day Low14.87
20 Day High16.23
20 Day Low14.07
52 Week High18.45
52 Week Low11.92
CS1 End15.93
CR1 StartN/A
Volume & EV
DER(3)1.96%
DER(5)1.66%
Volume15.16M
Volume Incr-1.52%
Vol(5)18.89M
Vol(50)22.58M