HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP (HBANP) Stock Technical Analysis
NASDAQ:HBANP - Nasdaq - US4461508230 - Currency: USD
We assign a technical rating of 0 out of 10 to HBANP. HBANP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, HBANP is a bad performer in the overall market: 67% of all stocks are doing better.
HBANP is part of the Banks industry. There are 396 other stocks in this industry, of which 92% are performing better than HBANP.
HBANP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month HBANP has a been trading in the 16.81 - 17.87 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
HBANP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.29, a Stop Loss order could be placed below this zone.
More info and screens
16.26
19.33
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.12 to 17.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.69 from a trend line in the weekly time frame.
- A support zone ranging from 16.42 to 16.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 17.47 to 17.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.35 to 18.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.14 from a horizontal line in the daily time frame.
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 HBANP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HBANP is neutral. |
| ChartMill Relative Strength | 33.06 | NEUTRAL | HBANP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HBANP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HBANP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HBANP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.96 | NEUTRAL | The RSI value for HBANP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HBANP has a positive trend. |
| Stochastics (14,3) | 69.33 | NEUTRAL | The Stochastics value for HBANP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for HBANP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.39 | NEGATIVE | The low ADX value for HBANP 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 4 1/2 PERP
NASDAQ:HBANP (6/11/2025, 8:00:01 PM)
17.31
-0.04 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.23%
1 Week0.57%
2 Weeks0.23%
1 Month-3.3%
3 Month-3.19%
6 Month-6.79%
12 Month-1.09%
2 Year-2.2%
3 Year-6.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.46%
ATR Inc-31.99%
Range Today0.17
ADR(20)0.25
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.06
Mansfield-1.05
10 Day High17.48
10 Day Low16.81
20 Day High17.87
20 Day Low16.81
52 Week High20.74
52 Week Low16.22
CS1 End17.29
CR1 Start17.47
Volume & EV
DER(3)2.39%
DER(5)1.99%
Volume35.70K
Volume Incr-61.35%
Vol(5)26.26K
Vol(50)62.44K