RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HUM
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Red day on Thursday for Humana Inc
(Updated on Mar 28, 2024)

Sell candidate since Mar 21, 2024 Loss -0.19% PDF

The Humana Inc stock price fell by -0.795% on the last day (Thursday, 28th Mar 2024) from $349.50 to $346.72. During the last trading day the stock fluctuated 1.46% from a day low at $345.90 to a day high of $350.94. The price has fallen in 6 of the last 10 days and is down by -0.62% for this period. Volume has increased on the last day by 785 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $540.48 million.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $351.73 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -25.64% during the next 3 months and, with a 90% probability hold a price between $226.15 and $261.56 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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HUM Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 05, 2024, and so far it has risen 2.60%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Humana Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $347.97 and $353.70. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Humana Inc stock

Humana Inc finds support from accumulated volume at $340.72 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $5.04 between high and low, or 1.46%. For the last week the stock has had daily average volatility of 1.23%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (HUM) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Humana Inc to open at $347.85, and during the day (based on 14 day Average True Range), to move between $340.20 and $353.24, which gives a possible trading interval of +/-$6.52 (+/-1.88%) up or down from last closing price. If Humana Inc takes out the full calculated possible swing range there will be an estimated 3.76% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $340.72 (1.73%) than the resistance at $355.36 (2.49%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Humana Inc stock A Buy?

Humana Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.980 Sell Candidate Unchanged

Predicted Opening Price for Humana Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$347.85 ( 0.327%) $346.72

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for HUM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 352.89 1.78 %
R2 350.97 1.23 %
R1 349.78 0.88 %
Current price: 346.72
Support S1 345.93 -0.228 %
S2 344.74 -0.571 %
S3 342.81 -1.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 411.98 18.82 %
R2 361.23 4.18 %
R1 355.36 2.49 %
Current price 346.72
Support S1 340.72 -1.73%
S2 339.08 -2.20%
S3 337.92 -2.54%

HUM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Apr 26, 2024 $0.89 0.255%
2 Oct 31, 2023 Dec 28, 2023 Jan 26, 2024 $0.89 0.246%
3 Aug 17, 2023 Sep 28, 2023 Oct 27, 2023 $0.89 0.174%
4 Apr 20, 2023 Jun 29, 2023 Jul 28, 2023 $0.89 0.195%
5 Feb 16, 2023 Mar 30, 2023 Apr 28, 2023 $0.89 0.167%

FAQ

What is the symbol for Humana Inc Stock and on which exchange is it traded?
The symbol for Humana Inc is HUM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Humana Inc Stock?
Humana Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Humana Inc Stock?
Humana Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Humana Inc Stock.

What's the current price of Humana Inc Stock?
As of the end of day on the 2024-03-28, the price of an Humana Inc (HUM) share was $346.72.

What is the 52-week high and low for Humana Inc Stock?
The 52-week high for Humana Inc Stock is $541.18 and the 52-week low is $334.54.

What is the market capitalization of Humana Inc Stock?
As of the 2024-03-28, the market capitalization of Humana Inc is 41.797B.

When is the next earnings date for Humana Inc?
The upcoming earnings date for Humana Inc is Apr 24, 2024.
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About Humana Inc

Humana Humana Inc., together with its subsidiaries, operates as a health and well-being company in the United States. It operates through three segments: Retail, Group and Specialty, and Healthcare Services. The company offers medical and supplemental benefit plans to individuals. It also has a contract with Centers for Medicare and Medicaid Services to administer the Limited Income Newly Eligible Transition prescription drug plan program; and contracts... HUM Profile

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