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Regional Banks Industry Stocks Technical Analysis - HBANArchive
- 4/17/2025 -
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Huntington Bancshares (HBAN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Huntington Bancshares (HBAN). During the week, the HBAN gained 0.78 points, or 6.05%, and closed at 13.67 on Thursday, April 17, 2025. It was the best weekly gain since January 17, 2025. Weekly volume was 33% above average.
HBAN is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See HBAN long-term trend chart]
A long-term uptrend had started on May 12, 2023 at 9.13 and reached 18.45 on November 25, 2024. HBAN gained -9.32 points, or -102.08%, in 80 weeks. The price is now at the 51.29% retracement level.
 Medium-term trend: [See HBAN medium-term trend chart]
A medium-term downtrend had started on November 25, 2024 at 18.45 and reached 11.92 on April 7, 2025. HBAN lost 6.53 points, or 35.39%, in 19 weeks. The price is now at the 26.80% retracement level.
 Weekly Technical Indicators: [See HBAN weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since December 27, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See HBAN short-term trend chart]
A short-term downtrend had started on January 30, 2025 at 17.54 and reached 11.92 on April 7, 2025. HBAN lost 5.62 points, or 32.04%, in 67 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 10.94 and resistance is at 14.71. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See HBAN daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The distance between the Bollinger Bands is 139.62% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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