Horace Mann Educators Technical Analysis (NYSE:HMN)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The HMN stock chart pattern can give those who understand technical analysis an indication of which way HMN stock is headed, but cannot predict with 100% certainty as to what can happen to the Horace Mann Educators stock price.
See Horace Mann Educators bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Horace Mann Educators stock analysis that does not care for the fair value of a company but uses price and volume data only.
Horace Mann Educators Moving Average
Moving averages show the average price of HMN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $43.39 is below the last closing price of $44.95 and the 50 day moving average of $42.78 is below the last closing price of $44.95. The 10 and 20 day periods can predict short term moving average trends.
Horace Mann Educators Bollinger Bands
Bollinger bands comprise of a center line usually HMN SMA, and two HMN stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Horace Mann Educators bollinger bands.
Horace Mann Educators Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Horace Mann Educators MACD indicator can be used to identify bullish and bearish trends for the stock.
Horace Mann Educators Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 64.86 is the RSI value of HMN stock.