Trading Horace Mann Educators HMN With Integrated Risk Controls

October 15, 2022, 06:45 am ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Horace Mann Educators (NYSE: HMN) report below can help you, but we have more details too. The trading plans for HMN, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for HMN

• Buy HMN slightly over 36.54 target 39.35 stop loss @ 36.43 Details

The technical summary data tells us to buy HMN near 36.54 with an upside target of 39.35. This data also tells us to set a stop loss @ 36.43 to protect against excessive loss in case the stock begins to move against the trade. 36.54 is the first level of support below 38.83 , and by rule, any test of support is a buy signal. In this case, support 36.54 is being tested, a buy signal would exist.

• Short HMN slightly under 39.35, target 36.54, stop loss @ 39.46 Details

The technical summary data is suggesting a short of HMN as it gets near 39.35 with a downside target of 36.54. We should have a stop loss in place at 39.46though. 39.35 is the first level of resistance above 38.83, and by rule, any test of resistance is a short signal. In this case, if resistance 39.35 is being tested, a short signal would exist.

Swing Trading Plans for HMN

• Buy HMN slightly over 39.35, target n/a, Stop Loss @ 39.24 Details

If 39.35 begins to break higher, the technical summary data tells us to buy HMN just slightly over 39.35, with an upside target of n/a. The data also tells us to set a stop loss @ 39.24 in case the stock turns against the trade. 39.35 is the first level of resistance above 38.83, and by rule, any break above resistance is a buy signal. In this case, 39.35, 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 slightly near 39.35, target 37.83, Stop Loss @ 39.46. Details

The technical summary data is suggesting a short of HMN if it tests 39.35 with a downside target of 37.83. We should have a stop loss in place at 39.46 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, 39.35, 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 39.35, target n/a, Stop Loss @ 39.26 Details

If 39.35 begins to break higher, the technical summary data tells us to buy HMN just slightly over 39.35, with an upside target of n/a. The data also tells us to set a stop loss @ 39.26 in case the stock turns against the trade. 39.35 is the first level of resistance above 38.83, and by rule, any break above resistance is a buy signal. In this case, 39.35, 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 slightly near 39.35, target 38.02, Stop Loss @ 39.44. Details

The technical summary data is suggesting a short of HMN if it tests 39.35 with a downside target of 38.02. We should have a stop loss in place at 39.44 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, 39.35, 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 October 15:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Neutral
P1	0	0	33.64
P2	36.97	36.62	36.54
P3	38.02	37.83	39.35

Support and Resistance Plot Chart for HMN

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