When Humana ($HUM) Moves Investors should Listen
October 07, 2023, 14:15 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for HUM
- Buy HUM slightly over 469.23 target 503.19 stop loss @ 467.87 Details
The technical summary data tells us to buy HUM near 469.23 with an upside target of 503.19. This data also tells us to set a stop loss @ 467.87 to protect against excessive loss in case the stock begins to move against the trade. 469.23 is the first level of support below 498.17 , and by rule, any test of support is a buy signal. In this case, support 469.23 is being tested, a buy signal would exist.
- Short HUM slightly under 503.19, target 469.23, stop loss @ 504.64 Details
The technical summary data is suggesting a short of HUM as it gets near 503.19 with a downside target of 469.23. We should have a stop loss in place at 504.64though. 503.19 is the first level of resistance above 498.17, and by rule, any test of resistance is a short signal. In this case, if resistance 503.19 is being tested, a short signal would exist.
Swing Trading Plans for HUM
- Buy HUM slightly over 503.19, target n/a, Stop Loss @ 501.74 Details
If 503.19 begins to break higher, the technical summary data tells us to buy HUM just slightly over 503.19, with an upside target of n/a. The data also tells us to set a stop loss @ 501.74 in case the stock turns against the trade. 503.19 is the first level of resistance above 498.17, and by rule, any break above resistance is a buy signal. In this case, 503.19, 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 HUM slightly near 503.19, target 495.53, Stop Loss @ 504.64. Details
The technical summary data is suggesting a short of HUM if it tests 503.19 with a downside target of 495.53. We should have a stop loss in place at 504.64 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, 503.19, 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 HUM
- Buy HUM slightly over 503.19, target n/a, Stop Loss @ 502.02 Details
If 503.19 begins to break higher, the technical summary data tells us to buy HUM just slightly over 503.19, with an upside target of n/a. The data also tells us to set a stop loss @ 502.02 in case the stock turns against the trade. 503.19 is the first level of resistance above 498.17, and by rule, any break above resistance is a buy signal. In this case, 503.19, 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 HUM slightly near 503.19, target 495.53, Stop Loss @ 504.36. Details
The technical summary data is suggesting a short of HUM if it tests 503.19 with a downside target of 495.53. We should have a stop loss in place at 504.36 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, 503.19, 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.
Check the time stamp on this data. Updated AI-Generated Signals for Humana (HUM) available here: HUM.
HUM Ratings for October 07:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
435.77 |
| P2 |
485.68 |
484.06 |
469.23 |
| P3 |
494.00 |
495.53 |
503.19 |
AI Generated Signals for HUM
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Humana (NYSE: HUM) report below is a real world example. Included are trading plans for HUM, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for HUM:
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