Huntington Bancshares Incorporated Stock Technical Analysis
HBANL Stock | USD 25.63 0.18 0.71% |
As of the 6th of February, Huntington Bancshares retains the Risk Adjusted Performance of (0.01), standard deviation of 0.7178, and Market Risk Adjusted Performance of (0.11). 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. Please check out Huntington Bancshares variance and value at risk to decide if Huntington Bancshares is priced fairly, providing market reflects its last-minute price of 25.63 per share. Given that Huntington Bancshares Incorporated has information ratio of (0.06), 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 HuntingtonHuntington |
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.
Huntington Bancshares Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 0.004 , which may suggest that Huntington Bancshares Incorporated market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.61, 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.
Huntington Bancshares February 6, 2025 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.01) | |||
Market Risk Adjusted Performance | (0.11) | |||
Mean Deviation | 0.5119 | |||
Coefficient Of Variation | (7,336) | |||
Standard Deviation | 0.7178 | |||
Variance | 0.5153 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | (0.12) | |||
Maximum Drawdown | 4.51 | |||
Value At Risk | (1.18) | |||
Potential Upside | 0.9697 | |||
Skewness | 0.4579 | |||
Kurtosis | 2.69 |
Huntington Bancshares February 6, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Huntington stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 73.57 | ||
Daily Balance Of Power | 0.67 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 25.56 | ||
Day Typical Price | 25.58 | ||
Price Action Indicator | 0.16 |
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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Regional Banks space 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.
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.