Huntington Bancshares Incorporated (NASDAQ: NASDAQ:HBAN ) has weathered the challenges of the past year and emerged with a strategic vision for growth. In the recent fourth-quarter earnings call, the financial institution reported a year of increased deposits and loans, showcasing resilience in managing deposit beta. Despite a dip in net interest income,...
Analyzing the options chain and the chart patterns of HBAN Huntington Bancshares prior to the earnings report this week, I would consider purchasing the 110usd strike price in the money Puts with an expiration date of 2023-10-20, for a premium of approximately $0.87. If these options prove to be profitable prior to the earnings release, I would sell at least...
Another idea for HBAN suggesting that bullish continuation is far from over
Comparable areas in green and in white Right now as price is on this dominant trend line, upward movement can be expected, as seen in the first scenario
Banks sold off heavily due to fed uncertainty/their announcement and T-bill market volatility, particularly regional banks like HBAN. HBAN's recent acquisition of TCF bank is just beginning to become accretive to their overall business and the bottom line. See more details on that acquisition in my prior posts linked below. Buy this capitulation/weakness Just...
Bullish flag formation on HBAN. Different entry points annotated. HBAN is trading at a 13.79x P/E ratio versus 22x @ SBNY, 19x @ SIVB, 29x @ FRC, or 15x @ RF & FITB. The benefits from acquiring TCF bank will begin emerging over the course of the rest of this year and be in full effect in 2022.
TCF bank began merging in to Huntington Bank after receiving shareholder approval, ticker HBAN, in March of 2021 with the intention of being completed within the year. This will put it in the top 10 regional banks and will rank 5th in 70% of deposit markets. Regional banks are set to benefit from rising rates and inflation. The cost synergies and the ability to...
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Short 1000 $HBAN Long 238 $TFC Mean Reversion Time: 10 Trading Days
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Short 1000 $HBAN Long 238 $TFC Mean Reversion Time: 10 Trading Days
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Long 100 $HBAN Short 75 $RF Mean Reversion Time: 14 Trading Days
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Long 100 $HBAN Short 75 $RF Mean Reversion Time: 14 Trading Days
Huntington Bancshares broke out of an ascending triangle pattern last week & has continued to see its bullish momentum continue. The stock is showing relative strength across the board whether talking about the SPY or its sector/industry. I would like to see it hold above the breakout level but I have my two initial price targets noted on the chart.
HBAN Bounce from the level, entry after confirmation
HBAN is approaching our first resistance at 14.80 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 61.8% fibonacci retracement) where a strong drop to our first support at 13.37 (38.2% fibonacci retracement) might occur. Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
HBAN is approaching our first resistance at 14.80 (horizontal overlap resistance, 100%, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur to our first support at 13.37 (38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price.
HBAN is approaching its support at 12.26 (100% Fibonacci extension, 50% Fiboancci retracement, horizontal swing low support) where it could potentially bounce up to its resistance at 13.89 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 2.8% where a corresponding bounce could occur.
HBAN is approaching its support at 11.87 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially rise up to its resistance at 13.89 (61.8% Fiboncci retracement, horizontal pullback resistance). Stochastic (55, 5, 3) is approaching support where a corresponding bounce could occur.