HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP (HBANL) Stock Technical Analysis
NASDAQ:HBANL - Nasdaq - US4461507737 - Currency: USD
Taking everything into account, HBANL scores 1 out of 10 in our technical rating. HBANL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, HBANL is a bad performer in the overall market: 63% of all stocks are doing better.
HBANL is one of the lesser performing stocks in the Banks industry. 85% of 395 stocks in the same industry do better.
Warning: HBANL has an average volume of 26978 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
HBANL 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 HBANL is lagging the market slightly.
In the last month HBANL has a been trading in a tight range between 24.61 and 25.27.
Considerably lower volume is observed in the last couple of days.
HBANL 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 25.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HBANL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
23.89
26.77
We found 1 important support area.
- A support zone ranging from 24.13 to 25.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.60 to 25.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 26.21 to 26.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for HBANL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HBANL is neutral. |
| ChartMill Relative Strength | 37.82 | NEUTRAL | HBANL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HBANL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBANL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HBANL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.91 | NEUTRAL | The RSI value for HBANL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HBANL has a positive trend. |
| Stochastics (14,3) | 63.98 | NEUTRAL | The Stochastics value for HBANL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for HBANL suggests low volalility. |
| Average Directional Index/ADX (14) | 8.88 | NEGATIVE | The low ADX value for HBANL suggests a weak or negative trend. |
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)
HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP
NASDAQ:HBANL (6/18/2025, 8:00:01 PM)
25.05
+0.06 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.24%
1 Week0.2%
2 Weeks0.52%
1 Month-0.52%
3 Month-2.53%
6 Month-2.98%
12 Month0.4%
2 Year3.17%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.86%
ATR Inc-15.65%
Range Today0.17
ADR(20)0.21
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.82
Mansfield-0.57
10 Day High25.23
10 Day Low24.8
20 Day High25.27
20 Day Low24.61
52 Week High26.61
52 Week Low24.05
CS1 End25.04
CR1 Start25.6
Volume & EV
DER(3)7.89%
DER(5)3.09%
Volume15.10K
Volume Incr-42.73%
Vol(5)15.34K
Vol(50)26.98K