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Watch for Shares of Huntington Bancshares (HBAN) to Approach Resistance at $9.91

By Shiri Gupta

Shares of Huntington Bancshares (NASDAQ:HBAN) opened today above their pivot of $9.75 and have already reached the first level of resistance at $9.86. Analysts will be watching for a cross of the next upside pivot targets of $9.91 and $10.07.

There is potential upside of 22.6% for shares of Huntington Bancshares based on a current price of $9.91 and an average consensus analyst price target of $12.16. Huntington Bancshares shares should encounter resistance at the 200-day moving average (MA) of $10.40 and support at the 50-day MA of $9.67.

In the past 52 weeks, Huntington Bancshares share prices have been bracketed by a low of $7.83 and a high of $11.90 and are now at $9.91, 27% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 1.1%.

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

Keywords: pivot alerts huntington bancshares

Ticker(s): HBAN