Huntington Bancshares Incorporated is a diversified regional bank holding company. Through its subsidiary, Huntington National Bank, it offers a wide range of banking, payments, wealth management, and risk management services to consumers, small and middle-market businesses, corporations, municipalities, and other organizations. The Consumer & Regional Banking segment provides products like deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, and insurance. The Commercial Banking segment offers expertise and digital solutions for mid-market to large corporate clients nationwide.
When researching a stock like Huntington Bancshares, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from HBAN Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for HBAN stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the HBAN 200 day moving average ("HBAN 200 DMA"), while one of the most popular "shorter look-backs" is the HBAN 50 day moving average ("HBAN 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Huntington Bancshares. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the HBAN 200 DMA and the HBAN 50 DMA, we get a moving average convergence divergence indicator ("HBAN MACD"). The HBAN MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis