On Friday, Horace Mann Educators earned an upgrade to its Relative Strength (RS) Rating, from 62 to 71.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History reveals that the best-performing stocks often have an RS Rating north of 80 as they begin their biggest price moves. See if Horace Mann Educators can continue to rebound and hit that benchmark.
Horace Mann Educators broke out earlier, but has fallen back below the prior 44.44 entry from a flat base. If a stock you're tracking clears a buy point then declines 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new chart pattern and buy point. Also keep in mind that the most recent consolidation is a later-stage base, and those involve more risk.
Earnings growth picked up last quarter from 73% to 293%. But revenue gains fell from 8% to 6%.
Horace Mann Educators holds the No. 7 rank among its peers in the Insurance-Property/Casualty/Title industry group. Heritage Insurance, United Fire Group and AXIS Capital Holdings are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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