• Return to Headlines

Huntington Banc Falls 1.92% on Heavy Volume: Watch For Potential Rebound

By David Diaz

Huntington Banc (NASDAQ:HBAN) traded in a range yesterday that spanned from a low of $14.45 to a high of $14.71. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $14.79 on volume of 2.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Huntington Banc share prices have moved between a 52-week high of $15.16 and a 52-week low of $11.12 and are now trading 31% above that low price at $14.57 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Huntington Banc and will alert subscribers who have HBAN in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders huntington banc

Ticker(s): HBAN