RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HBAN
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Green day on Wednesday for Huntington Bancshares Incorporated stock after gaining 3.37%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 8.41% PDF

The Huntington Bancshares Incorporated stock price gained 3.37% on the last trading day (Wednesday, 27th Mar 2024), rising from $13.34 to $13.79. During the last trading day the stock fluctuated 3.37% from a day low at $13.35 to a day high of $13.80. The price has fallen in 6 of the last 10 days but is still up by 2.6% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 million more shares were traded than the day before. In total, 13 million shares were bought and sold for approximately $178.27 million.

The stock lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $13.87 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 6.18% during the next 3 months and, with a 90% probability hold a price between $13.54 and $14.73 at the end of this 3-month period.

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HBAN Signals & Forecast

The Huntington Bancshares Incorporated stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $13.39 and $13.07. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 6.08%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Huntington Bancshares Incorporated stock

On the downside, the stock finds support just below today's level from accumulated volume at $13.05 and $12.86. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Huntington Bancshares Incorporated finds support just below today's level at $13.05. If this is broken, then the next support from accumulated volume will be at $12.86 and $12.72.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.450 between high and low, or 3.37%. For the last week the stock has had daily average volatility of 2.26%.

Our recommended stop-loss: $13.22 (-4.16%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (HBAN) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Huntington Bancshares Incorporated to open at $13.65, and during the day (based on 14 day Average True Range), to move between $13.49 and $14.09, which gives a possible trading interval of +/-$0.302 (+/-2.19%) up or down from last closing price. If Huntington Bancshares Incorporated takes out the full calculated possible swing range there will be an estimated 4.38% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $13.05, some $0.740 (5.37%) from the current price of $13.79, our system finds the risk reward attractive.

Is Huntington Bancshares Incorporated stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Huntington Bancshares Incorporated stock to perform well in the short-term.

Current score: 4.637 Buy Candidate Unchanged

Predicted Opening Price for Huntington Bancshares Incorporated of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$13.65 ( 1.04%) $13.79

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for HBAN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 14.10 2.22 %
R2 13.92 0.98 %
R1 13.82 0.207 %
Current price: 13.79
Support S1 13.47 -2.29 %
S2 13.37 -3.06 %
S3 13.20 -4.30 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 13.79
Support S1 13.05 -5.37%
S2 12.86 -6.74%
S3 12.72 -7.76%

HBAN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 19, 2024 Mar 15, 2024 Apr 01, 2024 $0.155 1.12%
2 Oct 20, 2023 Dec 15, 2023 Jan 02, 2024 $0.160 1.24%
3 Jul 19, 2023 Sep 15, 2023 Oct 02, 2023 $0.155 1.55%
4 Apr 19, 2023 Jun 15, 2023 Jul 03, 2023 $0.155 1.42%
5 Jan 20, 2023 Mar 17, 2023 Apr 03, 2023 $0.155 1.39%

FAQ

What is the symbol for Huntington Bancshares Incorporated Stock and on which exchange is it traded?
The symbol for Huntington Bancshares Incorporated is HBAN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Huntington Bancshares Incorporated Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Huntington Bancshares Incorporated stock to perform well in the short-term.

How to buy Huntington Bancshares Incorporated Stock?
Huntington Bancshares Incorporated Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Huntington Bancshares Incorporated Stock.

What's the current price of Huntington Bancshares Incorporated Stock?
As of the end of day on the 2024-03-27, the price of an Huntington Bancshares Incorporated (HBAN) share was $13.79.

What is the 52-week high and low for Huntington Bancshares Incorporated Stock?
The 52-week high for Huntington Bancshares Incorporated Stock is $13.80 and the 52-week low is $9.13.

What is the market capitalization of Huntington Bancshares Incorporated Stock?
As of the 2024-03-27, the market capitalization of Huntington Bancshares Incorporated is 19.421B.

When is the next earnings date for Huntington Bancshares Incorporated?
The upcoming earnings date for Huntington Bancshares Incorporated is Apr 18, 2024.
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About Huntington Bancshares Incorporated

Huntington Bancsharesorporated Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and se... HBAN Profile

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