|
|
Archive - 5/29/2026 - Sign In to see current Signals. |
Huntington Bancshares (HBAN) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Huntington Bancshares (HBAN). During the week, the HBAN gained 0.44 points, or 2.76%, and closed at 16.36 on Friday, May 29, 2026. HBAN was trading at average weekly trading volume. 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 April 3, 2020 at 6.82 and reached 19.46 on February 6, 2026. HBAN gained -12.64 points, or -185.34%, in 305 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 12.70 and resistance is at 19.34. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See HBAN medium-term trend chart] A medium-term uptrend had started on May 12, 2023 at 9.13 and reached 19.46 on February 6, 2026. HBAN gained -10.33 points, or -113.14%, in 143 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 13.60 and resistance is at 19.71. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See HBAN weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 27, 2026. The distance between MACD and the signal line is low and getting smaller. 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 April 21, 2026 at 17.35 and reached 15.17 on May 15, 2026. HBAN lost 2.18 points, or 12.56%, in 24 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (14.95) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. HBAN may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See HBAN daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. 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. 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 moved above the moving average in the center of the Bollinger Bands. 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. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|