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Huntington Banc (HBAN) Breaks Through Support at $12.60

By Nick Russo

Huntington Banc (NASDAQ:HBAN) has opened bearishly below the pivot of $12.71 today and has reached the first level of support at $12.60. Should the shares continue to fall, the support pivots of $12.50 and $12.29 will be of interest.

There is potential upside of 18.1% for shares of Huntington Banc based on a current price of $12.56 and an average consensus analyst price target of $14.84. The stock should discover initial support at its 200-day moving average (MA) of $10.40 and subsequent support at its 50-day MA of $9.67.

Huntington Banc share prices have moved between a 52-week high of $14.74 and a 52-week low of $8.04 and are now trading 56% above that low price at $12.56 per share. The 200-day and 50-day moving averages have moved 0.31% lower and 1.10% higher over the past week, respectively.

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: pivot alerts huntington banc

Ticker(s): HBAN