Humana Inc Forecast and Stock Analysis
Technical HUM.L stock analysis for February 15, 2019.
|Shorts||2.11% ( 2019-01-31 )|
Humana Inc gained 0.21% in the last trading day, rising from £23.75 to £23.80 The price has fallen in 4 of the last 10 days and is down by -0.42% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 457 667 more shares were traded than the day before. In total, 780 840 shares bought and sold for approximately £18.58 million.
Close price at the end of the last trading day (Friday, 15th Feb 2019) of the HUM.L stock was £23.80. This is 0.21% more than the trading day before Thursday, 14th Feb 2019.
During day the stock fluctuated 0.42% from a day low at £23.70 to a day high of £23.80.
30 day high of the HUM.L stock price was £24.75 and low was £23.40.
90 day high was £25.25 and low was £16.75.
52 week high for the Humana Inc - £36.30 and low - £16.75.
Humana Inc has broken the wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at £24.00. A reaction back to this level may hold a second chance to get out before further falls.
Only positive signals in the chart today. Humana Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately £23.89. On a fall, the stock will find some support from the long-term average at approximately £23.48. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Wednesday February 13, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSI14 is 58 and the stock is currently not being overbought or oversold
Support & Resistance
Humana Inc finds support from accumulated volume at £23.75.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £0.10 (0.42%) between high and low. For the last week, the stock has had a daily average volatility of 0.13%.
Our recommended stoploss: £22.39 (-5.91%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)
Very Low Low Medium High Very High
Evaluation: Buy Candidate
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.