Manutan International (MAN.PA) Stock Technical Analysis
EPA:MAN - Euronext Paris - Matif - FR0000032302 - Common Stock - Currency: EUR
We assign a technical rating of 7 out of 10 to MAN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MAN is showing a nice and steady performance.
Warning: MAN has an average volume of 2980 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
A new 52 week high is currently being made by MAN, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so MAN is leading the market.
Looking at the yearly performance, MAN did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month MAN has a been trading in a tight range between 103.00 and 105.00.
Volume is considerably higher in the last couple of days.
Although MAN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
101.48
106.06
When analyzing the support we notice one important area.
- A support zone ranging from 102.50 to 104.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 105.01 to 105.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MAN.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MAN.PA is neutral. |
| ChartMill Relative Strength | 93.99 | POSITIVE | MAN.PA has a high relative strength, it outperformed 93.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAN.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAN.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAN.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.8 | NEUTRAL | The RSI value for MAN.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MAN.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for MAN.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for MAN.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 73.65 | POSITIVE | The high ADX value value for MAN.PA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
EPA:MAN (2/8/2023, 7:00:00 PM)
105
+2 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryInternet & Direct Marketing Retail
Performance
% Chg1.94%
1 Week1.45%
2 Weeks1.45%
1 Month1.45%
3 Month2.94%
6 Month45.83%
12 Month33.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%0.48%
ATR Inc366.67%
Range Today1.5
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.99
Mansfield2.89
10 Day High105
10 Day Low103
20 Day High105
20 Day Low103
52 Week High105
52 Week Low56.8
CS1 End104
CR1 Start105.01
Volume & EV
DER(3)0.07%
DER(5)0.06%
Volume613
Volume Incr325.97%
Vol(5)6.78K
Vol(50)2.98K