HUNTINGTON BANCSHARES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	HBAN
ISIN:

HUNTINGTON BANCSHARES INC. - 1H - Technical analysis published on 05/09/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

39%

My opinion

Bullish above 13.76 USD

My targets

14.54 USD (+3.64%)

14.57 USD (+3.87%)

My analysis

The bullish trend is currently very strong on HUNTINGTON BANCSHARES INC.. As long as the price remains above the support at 13.76 USD, you could try to benefit from the boom. The first bullish objective is located at 14.54 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14.57 USD as an objective. Crossing it would then enable buyers to target 15.71 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The HUNTINGTON BANCSHARES INC. rating is 14.03 USD. The price is lower by -0.14% since the last closing with the lowest point at 13.97 USD and the highest point at 14.10 USD. The deviation from the price is +0.43% for the low point and -0.50% for the high point.

13.97

14.10

14.03

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of HUNTINGTON BANCSHARES INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	13.42	13.76	14.03	14.03	14.54	15.71
Change (%)	-4.35%	-1.92%	0%	-	+3.64%	+11.97%
Change	-0.61	-0.27	0	-	+0.51	+1.68
Level	Minor	Major	Intermediate	-	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.51	13.63	13.84	13.96	14.17	14.29	14.50
Camarilla	13.96	13.99	14.02	14.05	14.08	14.11	14.14
Woodie	13.56	13.65	13.89	13.98	14.22	14.31	14.55
Fibonacci	13.63	13.76	13.83	13.96	14.09	14.16	14.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.95	13.19	13.49	13.73	14.03	14.27	14.57
Camarilla	13.65	13.70	13.75	13.80	13.85	13.90	13.95
Woodie	12.99	13.21	13.53	13.75	14.07	14.29	14.61
Fibonacci	13.19	13.39	13.52	13.73	13.93	14.06	14.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.55	12.18	12.82	13.45	14.09	14.72	15.36
Camarilla	13.12	13.24	13.35	13.47	13.59	13.70	13.82
Woodie	11.57	12.18	12.84	13.45	14.11	14.72	15.38
Fibonacci	12.18	12.66	12.96	13.45	13.93	14.23	14.72

Numerical data

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

Technical indicators

Moving averages

RSI (14):	60.54
MACD (12,26,9):	0.0600
Directional Movement:	2.86
AROON (14):	64.29
DEMA (21):	14.08
Parabolic SAR (0,02-0,02-0,2):	13.91
Elder Ray (13):	0.02
Super Trend (3,10):	13.88
Zig ZAG (10):	14.04
VORTEX (21):	1.0500
Stochastique (14,3,5):	82.86
TEMA (21):	14.07
Williams %R (14):	-15.71
Chande Momentum Oscillator (20):	0.05
Repulse (5,40,3):	-0.0500
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	1.84

MA7:	13.86
MA20:	13.56
MA50:	13.47
MA100:	13.02
MAexp7:	14.04
MAexp20:	13.99
MAexp50:	13.88
MAexp100:	13.75
Price / MA7:	+1.23%
Price / MA20:	+3.47%
Price / MA50:	+4.16%
Price / MA100:	+7.76%
Price / MAexp7:	-0.07%
Price / MAexp20:	+0.29%
Price / MAexp50:	+1.08%
Price / MAexp100:	+2.04%

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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