HBAN stock: buy or sell

HBAN stock price: $13.68 3.09% At close on Jun 21st, 2021

Updated on:
Jun 22nd, 2021

1

HBAN stock brief

  • Huntington Bancshares closed on Monday at $13.68 after skyrocketing a 3.09%.
  • Looking at the chart, price is drawing an scaled downtrend since last March with lower tops and lower bottoms. this downtrend marked a -18.23% loss(from its highs at $16.73).

Should I buy Huntington Bancshares stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $HBAN stock a buy?

In the current situation of Huntington Bancshares there is not any eligible buy setup. This doesn't mean $HBAN will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Huntington Bancshares stock?

When is it time to sell Huntington Bancshares?. Trading strategies give us the ability us to avoid impetuous decisions based on our personal feelings or the noise that surrounds the market. When selling, as well as buying, our setups are very easy to use but are only applicable for selling shares you already own, not for selling short Huntington Bancshares stock

A golden rule is that you must never mantain a trade that leads to greater losses than those expected upon the buy. The moment to sell shares must always be dictated by the stop-loss (automatic or manual)

Is it time to sell Huntington Bancshares stock?

In the current situation of Huntington Bancshares there is not any eligible sell setup, so Huntington Bancshares stock holders with operations in green can keep their positions

Huntington Bancshares ratings

We don't have any rating published in the last month for Huntington Bancshares

Huntington Bancshares stock analysis

Huntington Bancshares accumulates a price drop of -18.23% since its latest peak last March at $16.73. Like in all downtrends, the stock oscillates drawing lower tops and bottoms. In this case, we have seen 3 consecutive lower tops.

SMAs overview

HBAN stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $13.70 (0.15% above)
  • R2: $13.72 (0.29% above)
  • R3: $13.80 (0.88% above)
  • The current support levels are:

  • S1: $13.66 (-0.15% below)
  • S2: $13.62 (-0.44% below)
  • S3: $13.58 (-0.73% below)
  • Bollinger bands

    Since the price broke down the lower band last Friday, the price has bounced off by 5.15%. The price is trading near to the lower Bollinger band, indicating some level of oversold in recent sessions. This is not a buy point, as price can move in these levels for many days and weeks

    HBAN stock Bollinger Bands chart

    Relative strength index

    After breaking down the oversold zone yesterday, crossed up back above with a reading of 32.48. This is a sign of strength for the Huntington Bancshares shares

    HBAN stock RSI chart

    Huntington Bancshares stock price history

    Huntington Bancshares went public priced at an adjusted price1 of $0.00 on Mar 1980. Since then, HBAN stock has risen by -, with an average of 0.00% per year. If you had invested $1,000USD in Huntington Bancshares stock on Mar 1980, it would have a value of $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    HBAN stock price history chart

    Price target for Huntington Bancshares stock

    Nobody knows how much a share will be priced in the future. Banks and financial organisations post their analysis predicting how a stock will performance in the future.

    The following table shows the price predictions published by brokerage institutions in the last 30 days. If you are a small investor you shouldn't invest based on these predictions.

    We don't have any target price posted in the last month for Huntington Bancshares.

    Earnings and financials

    Huntington Bancshares Incorporated ($HBAN) published quarterly earnings of $0.48 per share last April, highly beating the Market consensus estimate of $0.35 per share. This Q1 report represents an earnings surprise of 37.14%. Company's sales resulted of $1.4 billion compared to $1.2 billion predicted by analysts.

    Compared to the same quarter one year ago, EPS was $0.03, so current EPS means a gain of 1,500.00%. Revenue exploded a 100.00% on an annualized basis in the , from $7.1B to $14.2B last quarter.

    HBAN ($HBAN) will host the quarterly earnings call mid next July. Market estimates of $0.29, compared to previous quarter that was $0.48.

    Huntington Bancshares performance

    HBAN performance compared
    Company1m3m6m
    Huntington Bancshares ($HBAN) -11.20% -11.40% 13.10%

    Disclaimer:
    The viewpoints published in this post are personal and not recommendations for you to buy or sell shares. The author of this article does not have any knowledge of the individual positions of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for educative purposes only

    HBAN summary

    Monday, June 21st, 2021
    Open$13.37
    Close$13.68
    Day range$13.31 - $13.72
    Previous close$13.27
    Session gain3.09%
    Average true range$0.57
    50d mov avg$15.25
    100d mov avg$15.20
    200d mov avg$13.16
    Earnings dateJuly 22nd, 2021

    Frequently asked questions

    What is Huntington Bancshares stock symbol?

    Huntington Bancshares Incorporated is a public company trading in the US stock market with the HBAN symbol

    Is Huntington Bancshares stock a buy or sell?

    Huntington Bancshares had no ratings in the last 30 days Read the article to get additional tips on trading HBAN stock.

    Will HBAN go up?

    There were no forecasts issued by analysts in the last month for Huntington Bancshares.