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Downtrend Broken Resist.Archive - 6/27/2025 - Sign In to see current Signals. |
Huntington Bancshares (HBAN) Technical Analysis
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| 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 0.76 points, or 4.80%, and closed at 16.60 on Friday, June 27, 2025. Weekly volume was 54% 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 downtrend resistance line (8.83) 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 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 16.75 on June 27, 2025. HBAN gained -4.83 points, or -40.52%, in 11 weeks. Price is near the trend high.
Weekly Technical Indicators: [See HBAN weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range 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. 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 June 17, 2025 at 15.38 and reached 16.75 on June 27, 2025. HBAN gained -1.37 points, or -8.91%, in 10 days. The price is now at the 10.95% retracement level.
Daily Technical Indicators: [See HBAN daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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