HORACE MANN EDUCATORS (HMN) Stock Technical Analysis
USA - NYSE:HMN - US4403271046 - Common Stock
43.99 USD
+0.43 (+0.99%)
43.99 USD
0 (0%)
We assign a technical rating of 6 out of 10 to HMN. In the last year, HMN was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month HMN has a been trading in the 43.45 - 46.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Looking at the yearly performance, HMN did better than 75% of all other stocks. We also observe that the gains produced by HMN over the past year are nicely spread over this period.
HMN is one of the better performing stocks in the Insurance industry, it outperforms 80% of 147 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
HMN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HMN is lagging the market.
Although the technical rating is only medium, HMN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 42.68, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
39.39
48.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.09 to 42.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.79 to 40.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 44.44 to 45.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.60 to 47.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HMN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HMN is down. |
| ChartMill Relative Strength | 75.62 | POSITIVE | HMN has a high relative strength, it outperformed 75.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HMN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HMN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.69 | NEUTRAL | The RSI value for HMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests HMN has a negative trend. |
| Stochastics (14,3) | 22.03 | NEUTRAL | The Stochastics value for HMN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for HMN suggests low volalility. |
| Average Directional Index/ADX (14) | 17.15 | NEGATIVE | The low ADX value for HMN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.45 | 43.44 | 1.00 (2.26%) | 25.00% |
| An entry @44.45. This is a Buy Stop order right above the 10 day moving average. | An exit @43.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.00 points, which is 2.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%. |
- The distance between exit and entry is rather small compared to the average daily movement of HMN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
43.99
+0.43 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.99%
1 Week-0.2%
2 Weeks-0.95%
1 Month-4.04%
3 Month6.33%
6 Month10.11%
12 Month19.02%
2 Year38.64%
3 Year11.48%
5 Year29.73%
10 Year28.48%
15 Year135.37%
Volatility
ATR(14)0.9
ATR(20)%1.97%
ATR Inc-1.72%
Range Today0.52
ADR(20)0.82
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.62
Mansfield-0.49
10 Day High45.7
10 Day Low43.45
20 Day High46.45
20 Day Low43.45
52 Week High47.81
52 Week Low36.03
CS1 End42.68
CR1 Start44.44
Volume & EV
DER(3)2.65%
DER(5)2.34%
Volume138.20K
Volume Incr-33.88%
Vol(5)154.06K
Vol(50)206.17K