Huntington Bancshares Incorporated(HBAN)
NASDAQ

Technical Analysis & Charts

$18.01
0.25 (1.38%)

Technical Analysis

CURRENT PRICE: $18.01 | PRIMARY TREND: BULLISH(Trend Confirmed)

Multi-Timeframe Context

Short-Term (Days):Strong
Medium-Term (Weeks):Bullish structure
Long-Term (Months):Uptrend intact

Timeframes aligned: bullish across all horizons increases confidence in trend continuation.

Technical Context Zones

Trend Zone:Price vs 50d: $17.93 • Price vs 200d: $16.91
Decision Zone:Support: $16.82 • Resistance: $19.46

Momentum Indicators

RSI at 52.2 is neutral. The negative MACD suggests the probability of continued downside pressure, though momentum shifts can occur.

RSI (14d)
52.2 Neutral
MACD
-0.07 Bearish

Market Mechanics: Price remains within normal deviation from 50d SMA. Trend can continue without major mean-reversion pressure.

Bollinger Bands – Position Context

Price trades in the lower half of the bands, increasing the probability of short-term bounce. However, downtrends can remain oversold longer than expected.

Note: Bands show volatility zones, not strict buy/sell signals. Confluence with volume and momentum increases reliability.

Volume Analysis – Causal Context

Trading volume declines below 20-day average. This raises risk: rallies without volume expansion are suspect and prone to reversals. Retail-driven moves lack institutional support.

Institutional-Grade Market Analysis

Trend Strength (ADX)

20.1
Neutral
ADX between 20-25 shows transitional phase. Wait for ADX direction (rising = trend strengthening, falling = weakening) before committing.

Support/Resistance Strength

Resistance: $19.46
Strong
Distance: 8.1%
Current: $18.01
Above 50d SMA
Support: $16.82
Moderate
Distance: 6.6%
Probability Zones: Closer proximity increases bounce/rejection probability. Volume confirmation required at levels.

Market Structure

Pattern: Higher Highs, Higher Lows
Uptrend structure confirmed. Each dip finds support at higher lows.
Last Swing High:$19.46
Last Swing Low:$16.82
Prevents RSI-Only Traps: Overbought RSI does not invalidate uptrend. Watch for lower high formation to confirm reversal.

ADX Trend Strength - 90-Day Overlay

Threshold markers at 20 and 25 show regime changes

Current ADX: 20.1 - Transitional phase: Wait for direction

Market Structure - Swing High/Low Analysis

Visual confirmation of trend structure (90-day view)

Swing High: $19.46 | Swing Low: $16.82

Structure: Higher Highs, Higher Lows (Uptrend) - Each dip finds support above prior lows

Support/Resistance Probability Bands

Color intensity = strength | Distance percentages shown inline

$19.46Resistance
8.1%Strong
$18.93
5.1%
$18.40
2.2%
$17.88Current
-0.7%
$17.35
-3.7%
$16.82Support
-6.6%Strong
Instant Insight: Closer proximity = higher bounce/rejection probability. Strong zones (darker colors) require volume confirmation to break. Current price at $18.01 shows closer to support zone - bounce probability increases.

Technical Analysis

Advanced technical indicators for HBAN3M57 data points

Bollinger Bands

Price volatility analysis with 20-period moving average and ±2σ bands

Upper
SMA-20
Lower
Price

Trading Plan & Invalidation Rules

Bullish Scenario: If HBAN holds above $18.13 on normal or rising volume, probability of continuation toward $19.46 increases.
Bearish Scenario: If HBAN breaks below $16.82 on expanding volume (confirmation required), risk shifts toward lower historical supports. Monitor 200d SMA at $16.91 as potential floor.
Invalidation Rules:
  • Bullish thesis fails if price closes below $16.82 on volume >20-day average (indicates institutional selling).
  • Bearish thesis fails if price closes above $17.93 on volume >20-day average (indicates accumulation).
  • Monitor for volume divergence: price making new highs/lows on declining volume suggests exhaustion.

Multi-Timeframe Verdict Matrix

SHORT-TERM (Days)
Strong
Neutral momentum—wait for clearer directional signals before committing.
MEDIUM-TERM (Weeks)
Bullish structure
Price above 50d SMA maintains bullish structure. Probability of continuation increases if volume supports rallies.
LONG-TERM (Months)
Uptrend intact
Bull market structure intact above 200d SMA. Long-term investors can hold positions with trailing stops.
📊 Unified Recommendation
For Swing Traders (Days-Weeks): Uptrend intact—buy dips to $18.13 with volume confirmation. Target: $19.46.
For Position Traders (Weeks-Months): Trend remains favorable—accumulate on pullbacks to 50d SMA ($17.93) with invalidation below 200d SMA ($16.91).
⚠️ Important: This analysis reflects probability-based assessments, not certainties. Markets can remain irrational longer than expected. Always use stop-losses and position sizing to manage risk. Invalidation rules are critical—if thesis breaks, exit promptly.