HUNTINGTON BANCSHARES INC (HBAN) Technical Analysis
NASDAQ:HBAN • US4461501045
Current stock price
HBAN Technical Rating and Analysis
Taking everything into account, HBAN scores 4 out of 10 in our technical rating. HBAN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- HBAN is part of the Banks industry. There are 376 other stocks in this industry, of which 71% are performing better than HBAN.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month HBAN has a been trading in the 14.95 - 17.34 range, which is quite wide. It is currently trading near the high of this range.
- HBAN has an average volume of 26834100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, HBAN turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- 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.
HBAN Weekly and Daily overview Charts
HBAN Setup Rating and Analysis
HBAN has an average technical rating and also the quality of the setup is only medium 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
HBAN Support and Resistance Analysis
12.25
We found 3 important support areas.
- A support zone ranging from 16.45 to 16.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.02 to 15.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.37 from a horizontal line in the weekly time frame.
HBAN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for HBAN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HBAN is up. |
| ChartMill Relative Strength | 53.15 | NEUTRAL | HBAN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HBAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HBAN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HBAN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.65 | NEUTRAL | The RSI value for HBAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests HBAN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.12 | OVERBOUGHT | The high Stochastics value suggests HBAN may be overbought. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for HBAN suggests some volalility. |
| Average Directional Index/ADX (14) | 20.46 | NEUTRAL | The ADX value for HBAN suggests a possible start of a new trend. |
HBAN Chart- and CandleStick Pattern Analysis
HBAN Technicals: Chart, Performance Metrics, Trend & Indicators
16.97
-0.09 (-0.53%)
HUNTINGTON BANCSHARES INC / HBAN TA FAQ
What is the ChartMill technical rating of HUNTINGTON BANCSHARES INC (HBAN) stock?
ChartMill assigns a technical rating of 4 / 10 to HBAN.
Can you provide the trend direction for HUNTINGTON BANCSHARES INC?
The current trend direction for HUNTINGTON BANCSHARES INC (HBAN) is Bearish.
What is the RSI signal for HUNTINGTON BANCSHARES INC (HBAN) stock?
HUNTINGTON BANCSHARES INC (HBAN) has an RSI value of 62.6544. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for HUNTINGTON BANCSHARES INC?
HUNTINGTON BANCSHARES INC (HBAN) has a support level at 16.66. Check the full technical report for our detailed analysis of HBAN support and resistance levels.