AI HBAN Forecast + Trading Strategies


Bullish Case: Increasing loan growth and stable credit quality, coupled with a favorable implied volatility edge, suggest HBAN could experience upward price momentum. The recent institutional investments reinforce bullish sentiment.


Bearish Case: High implied volatility indicates market fears, compounded by potential earnings misses and regulatory scrutiny. If net interest income declines, bearish sentiment may drive prices lower.


Potential Outcomes:

1) 40% chance of price increase due to loan growth.

2) 35% chance of price stagnation amid continued volatility.

3) 25% chance of a downturn from earnings misses and negative news.


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


August 20, 2024


Huntington Bancshares Forecast

HBAN      Huntington Bancshares











Correlated Assets

Assets that tend to move strongly with HBAN



FITB Forecast + Options Trading Strategies   FITB  Fifth Third Bancorp (0.95)


EWC Forecast + Options Trading Strategies   EWC  BlackRock Institutional Trust Company N.A. - iShares MSCI Canada (0.95)


FHN Forecast + Options Trading Strategies   FHN  First Horizon (0.94)


TOL Forecast + Options Trading Strategies   TOL  Toll Brothers (0.94)


OMC Forecast + Options Trading Strategies   OMC  Omnicom Group (0.94)



Uncorrelated Assets

Assets with little price relationship to HBAN



HUN Forecast + Options Trading Strategies   HUN  Huntsman (0.0)


USAC Forecast + Options Trading Strategies   USAC  USA Compression (-0.0)


BCRX Forecast + Options Trading Strategies   BCRX  Biocryst Pharmaceuticals (-0.0)


COTY Forecast + Options Trading Strategies   COTY  Coty (-0.0)


CVGW Forecast + Options Trading Strategies   CVGW  Calavo Growers (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against HBAN



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.84)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.84)


BOIL Forecast + Options Trading Strategies   BOIL  ProShares Ultra Bloomberg Natural Gas (-0.85)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.91)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.92)





Become a more profitable investor with AI optimized trading strategies






×

Chat with HBAN


 Ask any question about HBAN!