We assign a technical rating of 0 out of 10 to HBANM. 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 support zone below the current price at 21.85, a Stop Loss order could be placed below this zone.
21.14
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 | DOWN | NEGATIVE | The short term trend for HBANM is down. |
| ChartMill Relative Strength | 29.28 | NEGATIVE | HBANM has a low relative strength, it was outperformed by 70.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HBANM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HBANM is below 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) | 24.28 | OVERSOLD | The low RSI value suggests HBANM may be oversold. |
| 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) | 12.05 | OVERSOLD | The low Stochastics value suggests HBANM may be oversold. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for HBANM suggests low volalility. |
| Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for HBANM suggests a weak or negative trend. |
HUNTINGTON BANCSHARES - HBAN 5.7 PERP
NASDAQ:HBANM (12/5/2025, 8:25:44 PM)
22.03
-0.11 (-0.51%)
ChartMill assigns a technical rating of 0 / 10 to HBANM.
The current trend direction for HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) is Bearish.
HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) has an RSI value of 24.2767. This indicates that the stock is currently oversold.
The buy/sell signal for HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) is sell as both the short term and long term trends are negative.
HUNTINGTON BANCSHARES - HBAN 5.7 PERP (HBANM) has a support level at 21.85 and a resistance level at 22.24. Check the full technical report for our detailed analysis of HBANM support and resistance levels.