How the price action of Horace Mann Educators (HMN) is used to our Advantage

Source: Stock Traders Daily

Longer Term Trading Plans for HMN
  • Buy HMN over 37.84 target 41.10 stop loss @ 37.73 Details
  • The technical summary data tells us to buy HMN near 37.84 with an upside target of 41.10. This data also tells us to set a stop loss @ 37.73 to protect against excessive loss in case the stock begins to move against the trade. 37.84 is the first level of support below 38.48 , and by rule, any test of support is a buy signal. In this case, support 37.84 would be being tested, so a buy signal would exist.

  • Short HMN under 41.10, target 37.84, stop loss @ 41.22 Details
  • The technical summary data is suggesting a short of HMN as it gets near 41.10 with a downside target of 37.84. We should have a stop loss in place at 41.22though. 41.10 is the first level of resistance above 38.48, and by rule, any test of resistance is a short signal. In this case, if resistance 41.10 is being tested, so a short signal would exist.

Swing Trading Plans for HMN
  • Buy HMN over 39.38, target 41.10, Stop Loss @ 39.27 Details
  • If 39.38 begins to break higher, the technical summary data tells us to buy HMN just over 39.38, with an upside target of 41.10. The data also tells us to set a stop loss @ 39.27 in case the stock turns against the trade. 39.38 is the first level of resistance above 38.48, and by rule, any break above resistance is a buy signal. In this case, 39.38, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short HMN near 39.38, target 38.37, Stop Loss @ 39.49. Details
  • The technical summary data is suggesting a short of HMN if it tests 39.38 with a downside target of 38.37. We should have a stop loss in place at 39.49 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 39.38, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for HMN
  • Buy HMN over 38.61, target 39.38, Stop Loss @ 38.52 Details
  • If 38.61 begins to break higher, the technical summary data tells us to buy HMN just over 38.61, with an upside target of 39.38. The data also tells us to set a stop loss @ 38.52 in case the stock turns against the trade. 38.61 is the first level of resistance above 38.48, and by rule, any break above resistance is a buy signal. In this case, 38.61, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short HMN near 38.61, target 38.37, Stop Loss @ 38.7. Details
  • The technical summary data is suggesting a short of HMN if it tests 38.61 with a downside target of 38.37. We should have a stop loss in place at 38.7 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 38.61, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

HMN Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Strong Neutral Neutral
P1 0 0 37.84
P2 38.61 38.37 41.10
P3 39.28 39.38 44.51

HMN Long Term Analysis for July 22 2021


HMN Swing Trading Analysis for July 22 2021


HMN Day Trading Analysis for July 22 2021

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Horace Mann Educators (NYSE: HMN) data table below can help you with price action, and we have more details too. Trading plans for HMN are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.

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