|
Archive - 6/6/2025 - 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 0.59 points, or 3.77%, and closed at 16.22 on Friday, June 6, 2025. Weekly volume was 32% above average. HBAN is a member of Financials Sector. Financials is the 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 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 chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (15.68). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See HBAN medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 11.92 and reached 16.24 on June 6, 2025. HBAN gained -4.32 points, or -36.24%, in 8 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 15.73 and resistance is at 17.44. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See HBAN weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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. The weekly MACD line is above its signal line since May 23, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See HBAN short-term trend chart] A short-term uptrend had started on May 23, 2025 at 15.06 and reached 16.24 on June 6, 2025. HBAN gained -1.18 points, or -7.84%, in 14 days. Price is near the trend high.
Daily Technical Indicators: [See HBAN daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 21, 2025. The distance between MACD and the signal line is low and getting smaller. 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 price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.
| |
|
|