HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) Technical Analysis

NASDAQ:HBANM • US4461507810

23.04 USD
-0.21 (-0.9%)
Last: Mar 6, 2026, 01:58 PM
Technical Rating and Analysis

6

Overall HBANM gets a technical rating of 6 out of 10. HBANM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

  • HBANM is part of the Banks industry. There are 379 other stocks in this industry, of which 65% are performing better than HBANM.
  • Warning: HBANM has an average volume of 15834 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The long and short term trends are both positive. This is looking good!
  • When comparing the performance of all stocks over the past year, HBANM turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
  • HBANM 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 HBANM is lagging the market slightly.
  • In the last month HBANM has a been trading in a tight range between 22.50 and 23.38.
  • Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
HUNTINGTON BANCSHARES - HBAN 5.7 PERP / HBANM Weekly stock chart
HUNTINGTON BANCSHARES - HBAN 5.7 PERP / HBANM Daily stock chart
Setup Rating and Analysis

9

Although the technical rating is only medium, HBANM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.24, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

21.14

24.18

We found 3 important support areas.

  • A support zone ranging from 22.68 to 23.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong support @22.20 from a horizontal line in the daily time frame.
  • A support zone ranging from 21.35 to 21.45. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 23.08 to 23.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for HBANM is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for HBANM is up.
ChartMill Relative Strength51.29NEUTRALHBANM is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of HBANM is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of HBANM is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of HBANM is above the rising SMA(200).
Relative Strength Index/RSI (14)61.1NEUTRALThe RSI value for HBANM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests HBANM has a positive trend.
Stochastics (14,3)68.49NEUTRALThe Stochastics value for HBANM is a neutral value.
Average True Range in percent/ATR (20)1.17LOW VOLATILITYThe low ATR as a percentage value for HBANM suggests low volalility.
Average Directional Index/ADX (14)34.87POSITIVEThe high ADX value value for HBANM suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
23.3522.750.60 (2.57%)25.00%
An entry @23.35. This is a Buy Stop order right above the 10 day high.An exit @22.75. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.60 points, which is 2.57%.For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.

HBANM Technicals: Chart, Performance Metrics, Trend & Indicators

HUNTINGTON BANCSHARES - HBAN 5.7 PERP / HBANM Daily stock chart

HUNTINGTON BANCSHARES - HBAN 5.7 PERP

NASDAQ:HBANM (3/6/2026, 1:58:47 PM)

23.04

-0.21 (-0.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.9%
1 Week0.72%
2 Weeks0.81%
1 Month3.04%
3 Month5.52%
6 Month1.2%
12 Month2.82%
2 Year2.14%
3 Year6.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%1.17%
ATR Inc-15.85%
Range Today0.07
ADR(20)0.26
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.29
3 months CRS73.54
6 months CRS50.11
Mansfield-0.5
10 Day High23.34
10 Day Low22.76
20 Day High23.38
20 Day Low22.5
52 Week High24.04
52 Week Low21.38
CS1 End23.24
CR1 Start23.5
Volume & EV
DER(3)1.43%
DER(5)1.76%
Volume8.44K
Volume Incr-30.58%
Vol(5)7.06K
Vol(50)15.83K

HUNTINGTON BANCSHARES - HBAN 5.7 PERP / HBANM FAQ

Can you provide the ChartMill technical rating for HUNTINGTON BANCSHARES - HBAN 5.7 PERP?

ChartMill assigns a technical rating of 6 / 10 to HBANM.


Can you provide the trend direction for HUNTINGTON BANCSHARES - HBAN 5.7 PERP?

The current trend direction for HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) is Bullish.


Can you provide the RSI signal for HUNTINGTON BANCSHARES - HBAN 5.7 PERP?

HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) has an RSI value of 61.1012. This indicates that the stock is currently neutral.


What is the short term momentum for HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) stock?

The short term momentum for HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) is positive.


Can you provide the support and resistance levels for HUNTINGTON BANCSHARES - HBAN 5.7 PERP?

HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) has a support level at 23.24 and a resistance level at 23.5. Check the full technical report for our detailed analysis of HBANM support and resistance levels.