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HUM Stock Forecast & Humana Chart Analysis

This article provides a detailed analysis of HUM-Humana Inc. stock including a forecast for HUM shares. It features Humana Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

HUM Historical Data Review

HUM Current Price Performance Analysis

The Humana - HUM stock traded on the American stock market, on 06-05-2024, closed at 361.0$ with a %0.04 increased compared to the previous day.

In the last month, the price of HUM changed by %13.08 increased in value, from 319.23 dollars on 05-06-2024 to 361.0 dollars, increased.

Last year, the price of HUM was 511.12 dollars on 06-06-2023, and changed by %-29.37 decreased in value, to 361.0 dollars decreased within a year.

The price of Humana stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

HUM with AI Stock Forecast & Price Target

HUM stock forecast Humana price target

On the HUM chart Humana price was recorded as 361.0 Dollars on 06/05/2024.

The artificial intelligence's forecast on HUM stock is as follows.

The artificial intelligence's prediction error margin for HUM stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Humana stock over the next 4 months is: 199.0 Dollars.

The commentary on HUM stock Target Price: Highest: 312.988 Dollars is predicted.

The commentary on HUM stock Target Price: Lowest: 119.702 Dollars is predicted.

Resistance Price where Humana stock will Rise and Fall:

Date Price Prediction
09-18-2024 236.127
01-06-2025 168.989

Support Price where Humana stock will Fall and Rise:

Date Price Prediction
08-29-2024 232.807
12-17-2024 167.438

The commentary on HUM stock: The target price can generally be said to be on the decline.

The commentary on HUM stock: Fluctuations in the target price can be expected in the coming days.

The target price for Humana stock by the end of 2024 is predicted to be 168.093 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on HUM stock, and the 2024 target price predictions for Humana are detailed above.

The technical analysis and charts for the commentary on HUM stock are below.

HUM Support & Resistance and Trend Analysis

HUM review Humana Inc. technical analysis trend chart HUM priceHUM stock support and resistance price chart

HUM stock you have reviewed the technical analysis support resistance charts regarding.

HUM : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the HUM review, the Humana support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Humana Support and Resistance Prices:

HUM Support Level Price HUM Resistance Level Price
298.61 336.40
299.23 354.00
328.09 365.13
334.54 375.82
342.69 383.44
358.64 475.00
448.91 527.18
471.80

HUM Technical Analysis: SMA, RSI, MACD

HUM review Humana Inc. SMA chart analysis HUM priceHUM buy or sell review Humana Inc. MACD chart analysis HUM price

Upon reviewing the HUM chart, buy and sell signals have been generated in the Humana technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for HUM stock are as follows:
  1. The technical analysis for HUM indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for HUM indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Humana issued a 'Buy' signal when the MACD was at 6.922, with the current MACD value being: 7.948

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.