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

November 27, 2021, 20:30 pm ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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.

Longer Term Trading Plans for HMN

• Buy HMN slightly over 37.12 target 39.27 stop loss @ 37.01 Details

The technical summary data tells us to buy HMN near 37.12 with an upside target of 39.27. This data also tells us to set a stop loss @ 37.01 to protect against excessive loss in case the stock begins to move against the trade. 37.12 is the first level of support below 38.03 , and by rule, any test of support is a buy signal. In this case, support 37.12 would be being tested, so a buy signal would exist.

• Short HMN under 39.27, target 37.12, stop loss @ 39.38 Details

The technical summary data is suggesting a short of HMN as it gets near 39.27 with a downside target of 37.12. We should have a stop loss in place at 39.38though. 39.27 is the first level of resistance above 38.03, and by rule, any test of resistance is a short signal. In this case, if resistance 39.27 is being tested, so a short signal would exist.

Swing Trading Plans for HMN

• Buy HMN slightly over 39.43, target 41.50, Stop Loss @ 39.32 Details

If 39.43 begins to break higher, the technical summary data tells us to buy HMN just slightly over 39.43, with an upside target of 41.50. The data also tells us to set a stop loss @ 39.32 in case the stock turns against the trade. 39.43 is the first level of resistance above 38.03, and by rule, any break above resistance is a buy signal. In this case, 39.43, 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 39.43, target 37.95, Stop Loss @ 39.54. Details

The technical summary data is suggesting a short of HMN if it tests 39.43 with a downside target of 37.95. We should have a stop loss in place at 39.54 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, 39.43, 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 slightly over 38.57, target 39.57, Stop Loss @ 38.48 Details

If 38.57 begins to break higher, the technical summary data tells us to buy HMN just slightly over 38.57, with an upside target of 39.57. The data also tells us to set a stop loss @ 38.48 in case the stock turns against the trade. 38.57 is the first level of resistance above 38.03, and by rule, any break above resistance is a buy signal. In this case, 38.57, 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 38.57, target 37.95, Stop Loss @ 38.66. Details

The technical summary data is suggesting a short of HMN if it tests 38.57 with a downside target of 37.95. We should have a stop loss in place at 38.66 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, 38.57, 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 Ratings for November 27:

Term →	Near	Mid	Long
Rating	Neutral	Weak	Neutral
P1	0	0	37.12
P2	38.57	37.95	39.27
P3	39.57	39.43	41.50

Support and Resistance Plot Chart for HMN

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