HBAN Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: With impending record net interest income and solid growth in loans, HBAN's price may increase as market sentiment shifts positively. Implied volatility indicates a potential for upward movement, aligning with upcoming growth forecasts.




Bearish Case: Bearish sentiment heightens due to high implied volatility and recent analyst downgrades. Consistent declines in net interest margins could indicate growing financial distress, suppressing HBAN's stock performance in the near term.




Potential Outcomes:

1. 35% chance of bullish momentum post-positive earnings.

2. 40% likelihood of stabilization around $17.54 if current trends hold.

3. 25% chance of further declines driven by external economic pressures or poor Q4 results.




Trading Oracle: Sign Up to access trading oracle trade ideas.



November 14, 2024


Huntington Bancshares Forecast

HBAN        Huntington Bancshares











Correlated Assets

Assets that tend to move strongly with HBAN



MET Forecast + Options Trading Strategies   MET  Metlife (0.94)


UNM Forecast + Options Trading Strategies   UNM  Unum (0.93)


EWC Forecast + Options Trading Strategies   EWC  BlackRock Institutional Trust Company N.A. - iShares MSCI Canada (0.93)


TOL Forecast + Options Trading Strategies   TOL  Toll Brothers (0.93)


FAS Forecast + Options Trading Strategies   FAS  Direxion Daily Financial Bull 3x Shares (0.92)



Uncorrelated Assets

Assets with little price relationship to HBAN



TYD Forecast + Options Trading Strategies   TYD  Direxion Daily 7-10 Year Treasury Bull 3X Shares (-0.0)


LYFT Forecast + Options Trading Strategies   LYFT  Lyft (-0.0)


AMBP Forecast + Options Trading Strategies   AMBP  Ardagh Metal Packaging (-0.0)


OKTA Forecast + Options Trading Strategies   OKTA  Okta (0.0)


NNOX Forecast + Options Trading Strategies   NNOX  Nano X Imaging (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against HBAN



MED Forecast + Options Trading Strategies   MED  Medifast (-0.78)


NKE Forecast + Options Trading Strategies   NKE  Nike (-0.78)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.79)


SAVE Forecast + Options Trading Strategies   SAVE  Spirit Airlines (-0.8)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.82)









Become a more profitable investor with AI optimized trading strategies






×

Chat with HBAN


 Ask any question about HBAN!