Ad is loading...
MENU

HMN Stock Tickeron detected bullish Stock Pattern: Cup-and-Handle HMN on October 14, 2024, netting in a 6.95% gain over 1 month

A.I.dvisor
at Tickeron.com
Loading...
+6.95% Gain from a Successful pattern Cup-and-Handle
HMN - Horace Mann Educators Corp
Tickeron
Ticker: HMN
Company: Horace Mann Educators
Gain: +6.95%
Confirmed: 10/14/24
Succeeded: 11/04/24
Total length: 35 days
On September 30, 2024, A.I.dvisor detected a Cup-and-Handle Pattern (Bullish) for Horace Mann Educators Corp (HMN, $34.95). On October 14, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $38.79. 21 days later, on November 04, 2024, HMN reached the target price resulting in a for traders who took a long position in the stock.

HMN's Stochastic Oscillator descending into oversold zone

The Stochastic Oscillator for HMN moved into oversold territory on November 20, 2024. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HMN advanced for three days, in of 302 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 175 cases where HMN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for HMN moved out of overbought territory on November 13, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on November 20, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on HMN as a result. In of 112 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for HMN turned negative on November 19, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 59 similar instances when the indicator turned negative. In of the 59 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HMN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HMN broke above its upper Bollinger Band on November 05, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.272) is normal, around the industry mean (2.121). P/E Ratio (33.550) is within average values for comparable stocks, (31.462). HMN's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.023). Dividend Yield (0.036) settles around the average of (0.031) among similar stocks. P/S Ratio (1.057) is also within normal values, averaging (1.436).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HMN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HMN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 52, placing this stock worse than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

View a ticker or compare two or three
HMN
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

an insurance holding company

Industry PropertyCasualtyInsurance

Profile
Fundamentals
Details
Industry
Multi Line Insurance
Address
1 Horace Mann Plaza
Phone
+1 217 789-2500
Employees
1700
Web
https://www.horacemann.com