HUM

Healthcare · Health Care

388.36

+2.29% · 2026-10-02

Avoid

Trade priority: not ranked

Data coverage: 55%

Setup: no setup · 2026-10-02

News: negative

Next catalyst: Earnings in 24 sessions

Trade plan

PRE_BREAKOUT_SWING_V1_1 · valid until close of 2026-10-05, a material event, or strategy invalidation · shared by every portfolio profile

No trade plan: the strategy has no valid setup for this symbol (trend or relative-strength condition fails (relative_strength_20)).

Your portfolio · San

profile-specific: quantity, risk budget, exposure, cash impact

Profile: Sanequity 2,000.00 USD · whole shares
Current holding: noneno open position in this profile
Recommended quantity: —no pending entry to size
Risk budget: 10.000.5% of 2,000.00
Portfolio risk: 0.00 opencap 2%
Exposure: 0 / 3 positionsHealthcare: 0 / 2 · 0.00 of 1,000.00 cap
Cash impact: 2,000.00derived from the ledger
Eligibility: AVOIDsame as the strategy view

Entry, stop, targets and R:R are strategy-owned and identical for every profile; only this portfolio's quantity, risk, exposure and cash differ. Manage profiles · record a fill

Why this action

Technical

trend or relative-strength condition fails (relative_strength_20)
RS20 vs SPY -4.0%, vs QQQ -8.9%

Options

volume 0.91× the 20D baseline (neither) · selected contracts only, delayed

News and events

news context negative (25 canonical items in window)
high-materiality negative item on record
earnings 2026-11-06 (24 sessions, finnhub); event risk high
earnings · high · negative: Humana Reports Third-Quarter Earnings Nov. 6, in the Middle of Open Enrollment. Members Go
other · low · unknown: UnitedHealth and Humana cutting Medicare Advantage plans in 2027
insider · low · unknown: HUMANA INC: 4 filed
other · low · positive: Humana Maintains Affordable Medicare Advantage Plans and Expands Specialized Care Options

Market and risk

regime RISK ON: SPY: trend UP, volatility NORMAL; QQQ: trend UP, volatility NORMAL

Chart

252 sessions · EMA20 / SMA50 / SMA150 / SMA200 default · strategy levels drawn when a plan exists

2026-10-02O 378.54H 390.00L 378.50C 388.36 +2.29%Vol 765,061RVOL20 0.73SMA50 385.37SMA150 314.09SMA200 293.25EMA20 387.15RSI14 50.7MACD -1.379 / -0.723 / -0.656ATR14 13.32RS20 SPY -4.0% · QQQ -8.9%

Indicator history is derived from the stored bars with the accepted M3 functions (WORKSTATION_SERIES_V1); the scanner’s persisted values remain authoritative. Reconciliation at the scan session: 8 match.

Trade priority

operational attention ranking, not a forecast

Not ranked: only valid setups and gated setups enter the trade-priority ranking.

technical readinessn/a
structure quality10/10
relative strength-1/15
participation4/10
risk rewardn/a
news context0/10
event risk5/5
urgency3/5

operational attention priority not a return forecast. Missing inputs lower coverage, never the score.

Setup evidence · PRE_BREAKOUT_V1

Setup state: NO_SETUP
Resistance: 392.86
Distance: 1.15%
Close: 388.36
SMA50: 385.37
SMA150 / SMA200: 314.09 / 293.25
RSI14: 50.7
EMA20 extension: 0.09 ATR
RS20 vs SPY: -4.0%
RS20 vs QQQ: -8.9%

Hard requirements · 7/8 passed

PASS
Confirmed resistance
resistance=392.8589 exists eligible=true
PASS
Distance to resistance
distance_pct=1.1452 · resistance=392.8589 · close=388.36 inclusive_between min=0 · max=3
PASS
Close above SMA50
close=388.36 · sma50=385.3658 > right_operand=sma50
PASS
SMA150 ≥ SMA200
sma150=314.0923 · sma200=293.2488 >= right_operand=sma200
PASS
RSI14 band
rsi14=50.6532 inclusive_between min=50 · max=70
PASS
EMA20 extension (ATR)
extension_atr=0.0909 · close=388.36 · ema20=387.1488 · atr14=13.318 <= max=1.5
FAIL
RS20 vs SPY or QQQ
SPY=-0.0401 · QQQ=-0.0891 OR > SPY=0 · QQQ=0
PASS
Resistance quality
distinct_touches=3 policy_and_minimum_touches min=2

Supporting evidence · 2/6 passed

PASS
ATR compression
current_atr_pct=0.0343 · median_previous_60_atr_pct=0.0357 · ratio=0.9606 < right_operand=median_previous_60_atr_pct
FAIL
Volume contraction
recent_volume=1,271,045.9932 · baseline_volume=970,039.6093 · ratio=1.3103 < max=0.85
FAIL
Higher lows
low_1=382.11 · low_2=386.83 · low_3=369.1322 low_3 > low_2 > low_1 required_pivots=3
PASS
Full MA alignment
sma50=385.3658 · sma150=314.0923 · sma200=293.2488 sma50 > sma150 > sma200
FAIL
RS20 vs SPY positive
SPY=-0.0401 > min=0
FAIL
RS20 vs QQQ positive
QQQ=-0.0891 > min=0

PRE_BREAKOUT_V1 · scan run 413 · session 2026-10-02 · evaluated as of 2026-10-04T13:22:49.796150Z. Supporting evidence never changes the trigger; UNKNOWN is never collapsed into false.

Intelligence timeline

25 canonical of 25 items in window · duplicates collapsed

2026-10-0217:26 UTC
UnitedHealth and Humana cutting Medicare Advantage plans in 2027
CVS Health's Aetna and Centene are also shrinking their Medicare Advantage offerings as insurers pull back from less profitable markets
YahooTier 3 · providerotherlow materialityunknownreported fact
2026-10-0214:15 UTC
HUMANA INC: 4 filed
SEC EDGARTier 1 · primaryinsiderlow materialityunknownfact
2026-10-0118:30 UTC
Humana Reports Third-Quarter Earnings Nov. 6, in the Middle of Open Enrollment. Members Got Their Plan-Change Letters Weeks Earlier. Wall Street Got the Numbers in July
Humana already told investors in July how many members it plans to drop. What your neighbor with a surviving plan has not figured out yet is how quietly the costs on that plan changed before open enrollment closes Dec. 7.
YahooTier 3 · providerearningshigh materialitynegativereported fact
2026-10-0111:00 UTC
Humana Maintains Affordable Medicare Advantage Plans and Expands Specialized Care Options for 2027
LOUISVILLE, Ky., October 01, 2026--As Medicare’s Annual Election Period (AEP) begins Oct. 15, Humana is offering 2027 Medicare Advantage plans designed to deliver high-value coverage with affordable monthly premiums. Members will have continued access to the benefits they value most – including $0 cost-sharing on in-network primary care visits and labs plus dental, vision, and hearing coverage. Ad
YahooTier 3 · providerotherlow materialitypositivereported fact
2026-10-0107:08 UTC
Humana To Offer 2027 Medicare Advantage Plans With Continued Access To The Benefits, Including $0 Cost-Sharing On In-Network Primary Care Visits And Labs Plus Dental, Vision, And Hearing From October 15
Additional 2027 highlights include:Medicare Advantage plans in approximately 2,600 counties across 45 states and Washington, D.C., representing more than 80% of U.S. counties.Expanded Chronic Condition Special Needs
BenzingaTier 3 · providerotherlow materialityunknownreported fact
2026-09-2916:16 UTC
3 Reasons HUM Has Explosive Upside Potential
What a time it’s been for Humana. In the past six months alone, the company’s stock price has increased by a massive 136%, reaching $391.06 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
YahooTier 3 · providerotherlow materialityunknownreported fact
2026-09-2702:08 UTC
Humana (HUM) Jumped, But What Is Drawing Fresh Attention Now?
Humana (HUM) moved sharply higher this week after Barclays shifted its rating on the insurer to Overweight from Equalweight, indicating that the shares could outperform sector peers. At around US$397.93, Humana’s recent 4.63% 1 day share price return and 3.21% 30 day share price return build on a strong year to date share price return of 50.46%. However, the 3 year total shareholder return has dec
YahooTier 3 · providerotherlow materialitypositivecommentary
2026-09-2602:40 UTC
Why Humana (HUM) Stock Is Up Today
Shares of health insurance company Humana (NYSE:HUM) jumped 8% in the afternoon session after Barclays upgraded the stock from Equalweight to Overweight.
YahooTier 3 · providerotherlow materialitypositivecommentary
2026-09-2518:59 UTC
Humana surges: Barclays bets big on Medicare star ratings rebound
Investing.com -- Humana Inc. (NYSE:HUM) shares rose 6% Friday after Barclays upgraded the health insurer to overweight from equal-weight ahead of the upcoming Medicare Star ratings release.
YahooTier 3 · providerotherlow materialitypositivereported fact
2026-09-2517:59 UTC
Humana Jumps 7% on Barclays Upgrade and $515 Target; UnitedHealth Nudges Higher
Barclays just broke its silence on Humana with a conviction call that sent shares surging well past anything the broader health care sector is doing today, raising the question of whether this upgrade signals the start of something bigger or a rally built on a single opinion.
YahooTier 3 · provideranalystlow materialitypositivecommentary
2026-09-2516:09 UTC
Humana Stock Jumps. Why It Could Be a Big Winner in Next Medicare Star Ratings.
Barclays upgraded Humana stock to Overweight from Neutral and raised its price target to $515 from $407.
YahooTier 3 · providerotherlow materialitypositivecommentary
2026-09-2514:47 UTC
This 3M Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Friday
Analysts upgraded First Financial, 3M, Synopsys, Humana and Stem, raising targets for four while maintaining Stem’s $7 target.
BenzingaTier 3 · provideranalystlow materialitypositivecommentarymention in body only
2026-09-2511:38 UTC
Barclays Upgrades Humana to Overweight, Raises Price Target to $515
Barclays analyst Andrew Mok upgrades Humana (NYSE:HUM) from Equal-Weight to Overweight and raises the price target from $407 to $515.
BenzingaTier 3 · provideranalystlow materialitypositivecommentary
2026-09-0317:32 UTC
HUMANA INC: 4 filed
SEC EDGARTier 1 · primaryinsiderlow materialityunknownfact
2026-09-0111:30 UTC
HUMANA INC: 8-K filed (items 7.01)
SEC EDGARTier 1 · primaryotherlow materialityneutralfact
2026-08-3113:47 UTC
HUMANA INC: 3 filed
SEC EDGARTier 1 · primaryinsiderlow materialityneutralfact
hidden
12 provider-tagged items never name the company and are kept as context only.

canonical items of the last 10 sessions; analyst/industry/macro commentary and social sources excluded from the direction tally; gating uses tier 1-3 HIGH items within 3 (negative) / 2 (unknown direction) sessions

Catalysts and filings

Event	Date	In	Materiality	Source
Earnings (before the open)	2026-11-06	24 sessions	high	finnhub · Tier 3 · provider

Options activity

AVAILABLE_DELAYED · session 2026-09-28 · selected contracts, delayed

Session volume: 374
5D baseline: 366
20D baseline: 413
Volume / 20D: 0.91x
Call / put volume: 179 / 195
Call / put ratio: 0.92
Top-3 contract share: 77%
Top expiration: 2026-10-16 91%

Activity trend · last 30 sessions

Session	Volume	5D	20D	/ 20D
2026-09-22	73	319	373	0.20x
2026-09-23	79	290	354	0.22x
2026-09-24	562	276	355	1.58x
2026-09-25	770	304	379	2.03x
2026-09-28	374	366	413	0.91x

Call vs put volume

calls 48%puts 52%

Expiration concentration

2026-10-16339 · 91%
2026-10-0935 · 9%

Contract concentration

O:HUM261016P00400000140 · 37%
O:HUM261016C00400000120 · 32%
O:HUM261016C0039000028 · 7%
O:HUM261016P0039000020 · 5%
O:HUM261016C0038500010 · 3%
remaining contracts23% outside top 3

Top contracts · session 2026-09-28

Contract	Type	Strike	Expiration	DTE	Volume	5D avg	20D avg	/ 20D	Return	Moneyness
O:HUM261016P00400000	PUT	400	2026-10-16	18	140	45	70	2.00x	13.1%	ITM (-2.6%)
O:HUM261016C00400000	CALL	400	2026-10-16	18	120	27	51	2.36x	-11.1%	OTM (-2.6%)
O:HUM261016C00390000	CALL	390	2026-10-16	18	28	186	58	0.48x	0.3%	ATM (-0.1%)
O:HUM261016P00390000	PUT	390	2026-10-16	18	20	7	18	1.12x	9.2%	ATM (-0.1%)
O:HUM261016C00385000	CALL	385	2026-10-16	18	10	insufficient history	insufficient history	insufficient history	0.0%	ITM (1.2%)
O:HUM261016C00395000	CALL	395	2026-10-16	18	10	insufficient history	insufficient history	insufficient history	0.0%	OTM (-1.4%)
O:HUM261016P00380000	PUT	380	2026-10-16	18	10	17	140	0.07x	20.0%	OTM (2.5%)
O:HUM261009P00400000	PUT	400	2026-10-09	11	9	2	insufficient history	insufficient history	8.3%	ITM (-2.6%)
O:HUM261009C00390000	CALL	390	2026-10-09	11	7	3	insufficient history	insufficient history	0.6%	ATM (-0.1%)
O:HUM261009P00397500	PUT	397.5	2026-10-09	11	5	insufficient history	insufficient history	insufficient history	4.4%	ITM (-2.0%)
O:HUM261009P00392500	PUT	392.5	2026-10-09	11	3	insufficient history	insufficient history	insufficient history	5.7%	ITM (-0.7%)
O:HUM261009P00395000	PUT	395	2026-10-09	11	3	5	insufficient history	insufficient history	6.8%	ITM (-1.4%)
O:HUM261009P00385000	PUT	385	2026-10-09	11	2	5	insufficient history	insufficient history	0.0%	OTM (1.2%)
O:HUM261009P00387500	PUT	387.5	2026-10-09	11	2	insufficient history	insufficient history	insufficient history	0.0%	OTM (0.5%)
O:HUM261009C00380000	CALL	380	2026-10-09	11	1	4	insufficient history	insufficient history	0.0%	ITM (2.5%)

OPTIONS_SELECTION_M9_V1 selected contracts only · provider capability DELAYED · delayed · Top 15 selected contracts by session volume; 5D/20D averages use strictly prior sessions (M10), INSUFFICIENT_HISTORY is shown, never zero.

M13 observations for this session

Technical setup present (PRE_BREAKOUT_V1): FALSE
Technical and options context share a session: FALSE
Activity above its own 20-session baseline: FALSE
Activity below its own 20-session baseline: FALSE
Recent 5-session baseline above 20-session baseline: FALSE
Recent 5-session baseline below 20-session baseline: FALSE
Volume concentrated in top 3 contracts: TRUE
Volume concentrated in one expiration: TRUE
Calls carry most session volume: FALSE
Puts carry most session volume: FALSE
Call and put volume roughly balanced: TRUE
Enrichment data (snapshot/OI/IV/Greeks) available: FALSE
Enrichment data unavailable: TRUE
Real flow data unavailable: TRUE
Flow events present in replay window: NOT_EVALUABLE

Flow

Flow events—

Clusters—

Sweep candidates—

Block candidates—

Aggressor candidates—

Premium coverage—

Flow engine is ready. Trades and Quotes are not available with the current provider capabilities; this area populates automatically from the same M11 engine when real persisted facts exist. Synthetic fixture flow is never shown.

Evidence alerts

4 · ALERT_POLICY_V1

Category	Alert	Previous	Current	Sessions	Workflow
Changed	Distance to resistance narrowed	3.35	1.15	2026-10-01 → 2026-10-02	New
Fading	Options activity vs 20D baseline fell	2.03	0.91	2026-09-25 → 2026-09-28	New
Changed	Call / put volume mix changed	0.62	0.48	2026-09-25 → 2026-09-28	New
Data quality	Data freshness changed	TECHNICAL=CURRENT_SESSION; OPTIONS_ACTIVITY=STALE; FLOW=MISSING; ACTIVITY_PROVIDER=DELAYED	TECHNICAL=CURRENT_SESSION; OPTIONS_ACTIVITY=DELAYED; FLOW=MISSING; ACTIVITY_PROVIDER=DELAYED	2026-10-01 → 2026-10-02	New

Decision trace

PRE_BREAKOUT_SWING_V1_1 · generated 2026-10-04 16:39 UTC · strategy 073b221a9cd0…

setup_eligibleFAILNO_SETUP: failed relative_strength_20failed_conditions=relative_strength_20
finalPASSAVOID

Actions are generated from the configured trading strategy and current available market/intelligence data. They are not guarantees of future performance.