Huntington Bancshares Incorporated Stock Technical Analysis

HBAN Stock  USD 13.18  0.03  0.23%   
As of the 19th of April, Huntington Bancshares retains the Market Risk Adjusted Performance of 0.0414, risk adjusted performance of 0.0358, and Downside Deviation of 1.65. Huntington Bancshares technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Huntington Bancshares, which can be compared to its competitors. Please check out Huntington Bancshares jensen alpha, as well as the relationship between the potential upside and skewness to decide if Huntington Bancshares is priced fairly, providing market reflects its last-minute price of 13.18 per share. Given that Huntington Bancshares Incorporated has jensen alpha of 0.3985, we strongly advise you to confirm Huntington Bancshares's regular market performance to make sure the company can sustain itself at a future point.

Huntington Bancshares Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Huntington, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Huntington
  
Huntington Bancshares' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Huntington Bancshares Analyst Consensus

Target PriceAdvice# of Analysts
11.76Buy21Odds
Huntington Bancshares Incorporated current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Huntington analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Huntington stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Huntington Bancshares, talking to its executives and customers, or listening to Huntington conference calls.
Huntington Analyst Advice Details
Huntington Bancshares technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Huntington Bancshares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Huntington Bancshares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Huntington Bancshares Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Huntington Bancshares volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Huntington Bancshares Trend Analysis

Use this graph to draw trend lines for Huntington Bancshares Incorporated. You can use it to identify possible trend reversals for Huntington Bancshares as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Huntington Bancshares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Huntington Bancshares Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Huntington Bancshares Incorporated applied against its price change over selected period. The best fit line has a slop of   0.05  , which may suggest that Huntington Bancshares Incorporated market price will keep on failing further. It has 34 observation points and a regression sum of squares at 1.81, which is the sum of squared deviations for the predicted Huntington Bancshares price change compared to its average price change.

About Huntington Bancshares Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Huntington Bancshares Incorporated on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Huntington Bancshares Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Huntington Bancshares price pattern first instead of the macroeconomic environment surrounding Huntington Bancshares. By analyzing Huntington Bancshares's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Huntington Bancshares's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Huntington Bancshares specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.04560.04970.05620.0314
Price To Sales Ratio3.252.82.52.18

Huntington Bancshares April 19, 2024 Technical Indicators

Most technical analysis of Huntington help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Huntington from various momentum indicators to cycle indicators. When you analyze Huntington charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Huntington Bancshares is a strong investment it is important to analyze Huntington Bancshares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Huntington Bancshares' future performance. For an informed investment choice regarding Huntington Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Huntington Bancshares information on this page should be used as a complementary analysis to other Huntington Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Huntington Bancshares' price analysis, check to measure Huntington Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Huntington Bancshares is operating at the current time. Most of Huntington Bancshares' value examination focuses on studying past and present price action to predict the probability of Huntington Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huntington Bancshares' price. Additionally, you may evaluate how the addition of Huntington Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Huntington Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntington Bancshares. If investors know Huntington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntington Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Dividend Share
0.62
Earnings Share
1.24
Revenue Per Share
4.801
Quarterly Revenue Growth
(0.15)
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.