HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) Stock Technical Analysis
NASDAQ:HBANM - Nasdaq - US4461507810 - Currency: USD
Overall HBANM gets a technical rating of 1 out of 10. HBANM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, HBANM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.37, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.14
We found 1 important support area.
- A support zone ranging from 21.35 to 22.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.45 to 22.84. 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 HBANM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HBANM is neutral. |
| ChartMill Relative Strength | 24.83 | NEGATIVE | HBANM has a low relative strength, it was outperformed by 75.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HBANM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HBANM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HBANM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.37 | NEUTRAL | The RSI value for HBANM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HBANM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.75 | NEUTRAL | The Stochastics value for HBANM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for HBANM suggests low volalility. |
| Average Directional Index/ADX (14) | 12.73 | NEGATIVE | The low ADX value for HBANM suggests a weak or negative trend. |
HUNTINGTON BANCSHARES - HBAN 5.7 PERP
NASDAQ:HBANM (7/25/2025, 8:00:01 PM)
22.39
+0.07 (+0.33%)