The Relative Strength (RS) Rating for Horace Mann Educators jumped into a higher percentile Thursday, as it got a lift from 67 to 77.
IBD's proprietary RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the top-performing stocks often have an 80 or better RS Rating as they launch their biggest climbs. See if Horace Mann Educators can continue to rebound and hit that benchmark.
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Horace Mann Educators is now considered extended and out of buy range after clearing a 39.25 buy point in a first-stage saucer without handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Horace Mann Educators posted 73% earnings growth in its most recent report, while sales growth came in at 9%.
Horace Mann Educators earns the No. 19 rank among its peers in the Insurance-Property/Casualty/Title industry group. Mercury General, HCI Group and Hagerty are among the top 5 highly rated stocks within the group.
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