HUNTINGTON BANCSHARES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	HBAN
ISIN:

HUNTINGTON BANCSHARES INC. - Daily - Technical analysis published on 04/15/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

22%

28%

50%

My opinion

Bullish above 12.95 USD

My targets

13.51 USD (+1.58%)

13.95 USD (+4.89%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on HUNTINGTON BANCSHARES INC.. As long as you are above the support located at 12.95 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 13.51 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 13.95 USD as an objective. Crossing it would then enable buyers to target 14.54 USD. If the support 12.95 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The HUNTINGTON BANCSHARES INC. rating is 13.30 USD. On the day, this instrument lost -0.08% with the lowest point at 13.26 USD and the highest point at 13.61 USD. The deviation from the price is +0.30% for the low point and -2.28% for the high point.

13.26

13.61

13.30

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by HUNTINGTON BANCSHARES INC.:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this HUNTINGTON BANCSHARES INC. chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 9 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.79	12.42	12.95	13.30	13.51	13.95	14.54
Change (%)	-11.35%	-6.62%	-2.63%	-	+1.58%	+4.89%	+9.32%
Change	-1.51	-0.88	-0.35	-	+0.21	+0.65	+1.24
Level	Intermediate	Major	Major	-	Major	Minor	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.07	13.17	13.24	13.34	13.41	13.51	13.58
Camarilla	13.26	13.28	13.29	13.31	13.33	13.34	13.36
Woodie	13.06	13.16	13.23	13.33	13.40	13.50	13.57
Fibonacci	13.17	13.24	13.28	13.34	13.41	13.45	13.51

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.20	12.72	13.02	13.54	13.84	14.36	14.66
Camarilla	13.09	13.16	13.24	13.31	13.39	13.46	13.54
Woodie	12.08	12.67	12.90	13.49	13.72	14.31	14.54
Fibonacci	12.72	13.04	13.23	13.54	13.86	14.05	14.36

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.56	12.04	13.00	13.48	14.44	14.92	15.88
Camarilla	13.55	13.69	13.82	13.95	14.08	14.21	14.35
Woodie	11.79	12.16	13.23	13.60	14.67	15.04	16.11
Fibonacci	12.04	12.59	12.93	13.48	14.03	14.37	14.92

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	47.58
MACD (12,26,9):	0.1100
Directional Movement:	8.23
AROON (14):	-14.28
DEMA (21):	13.67
Parabolic SAR (0,02-0,02-0,2):	14.01
Elder Ray (13):	-0.10
Super Trend (3,10):	13.08
Zig ZAG (10):	13.33
VORTEX (21):	1.0000
Stochastique (14,3,5):	15.24
TEMA (21):	13.61
Williams %R (14):	-90.85
Chande Momentum Oscillator (20):	-0.46
Repulse (5,40,3):	-2.3200
ROCnROLL:	-1
TRIX (15,9):	0.2000
Courbe Coppock:	2.77

MA7:	13.62
MA20:	13.53
MA50:	13.08
MA100:	12.60
MAexp7:	13.51
MAexp20:	13.49
MAexp50:	13.15
MAexp100:	12.58
Price / MA7:	-2.35%
Price / MA20:	-1.70%
Price / MA50:	+1.68%
Price / MA100:	+5.56%
Price / MAexp7:	-1.55%
Price / MAexp20:	-1.41%
Price / MAexp50:	+1.14%
Price / MAexp100:	+5.72%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on HUNTINGTON BANCSHARES INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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