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 has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
HBANM is one of the lesser performing stocks in the Banks industry. 81% of 396 stocks in the same industry do better.
HBANM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HBANM is lagging the market.
In the last month HBANM has a been trading in the 21.47 - 23.66 range, which is quite wide. It is currently trading near the lows of this range.
Warning: HBANM has an average volume of 9524 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 43% of all stocks.
The technical rating of HBANM is bad and it also does not present a quality setup 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
21.31
25.12
We found 1 important support area.
- A support zone ranging from 21.53 to 21.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @21.85 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 22.33 to 22.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.28 to 23.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.87 to 24.87. 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 | DOWN | NEGATIVE | The short term trend for HBANM is down. |
| ChartMill Relative Strength | 43.91 | NEUTRAL | HBANM is not amongst the best or worst performers 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) | 40.12 | NEUTRAL | The RSI value for HBANM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests HBANM has a negative trend. |
| Stochastics (14,3) | 13.48 | OVERSOLD | The low Stochastics value suggests HBANM may be oversold. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for HBANM suggests low volalility. |
| Average Directional Index/ADX (14) | 19.74 | NEGATIVE | The low ADX value for HBANM 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 5.7 PERP
NASDAQ:HBANM (5/23/2025, 4:30:01 PM)
21.7806
-0.1 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.48%
1 Week-3.71%
2 Weeks-3.5%
1 Month-8.02%
3 Month-3.5%
6 Month-6.52%
12 Month-1.22%
2 Year-0.36%
3 Year-10.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%1.98%
ATR Inc-22.71%
Range Today0.23
ADR(20)0.38
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.91
Mansfield-0.74
10 Day High23.25
10 Day Low21.47
20 Day High23.66
20 Day Low21.47
52 Week High25.39
52 Week Low21.34
CS1 End21.77
CR1 Start21.85
Volume & EV
DER(3)-4.59%
DER(5)-2.97%
Volume2.65K
Volume Incr36.09%
Vol(5)10.33K
Vol(50)9.52K