MANPOWERGROUP INC (MAN) Stock Technical Analysis
USA - NYSE:MAN - US56418H1005 - Common Stock
38.59 USD
+0.81 (+2.14%)
38.59 USD
0 (0%)
Taking everything into account, MAN scores 0 out of 10 in our technical rating. MAN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MAN is a bad performer in the overall market: 92% of all stocks are doing better.
MAN is one of the lesser performing stocks in the Professional Services industry. 70% of 81 stocks in the same industry do better.
MAN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MAN has a been trading in the 36.96 - 42.52 range, which is quite wide. It is currently trading near the lows of this range.
MAN has an average volume of 1037610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, MAN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 38.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MAN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
36.95
52.17
When analyzing the support we notice one important area.
- A support zone ranging from 37.32 to 37.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 38.60 to 39.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.65 to 41.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @42.88 from a trend line in the daily time frame.
- Resistance @44.92 from a horizontal line in the daily time frame.
- Resistance @51.65 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for MAN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAN is down. |
| ChartMill Relative Strength | 8.06 | NEGATIVE | MAN has a low relative strength, it was outperformed by 91.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.68 | NEUTRAL | The RSI value for MAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MAN has a positive trend. |
| Stochastics (14,3) | 39.63 | NEUTRAL | The Stochastics value for MAN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for MAN suggests some volalility. |
| Average Directional Index/ADX (14) | 11.53 | NEGATIVE | The low ADX value for MAN suggests a weak or negative 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)
38.59
+0.81 (+2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg2.14%
1 Week3.35%
2 Weeks0.52%
1 Month-6.58%
3 Month-4.65%
6 Month-34.21%
12 Month-47.34%
2 Year-47.37%
3 Year-40.35%
5 Year-47.37%
10 Year-52.88%
15 Year-26.07%
Volatility
ATR(14)1.25
ATR(20)%3.49%
ATR Inc-0.21%
Range Today1.12
ADR(20)1.34
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.06
Mansfield-3.29
10 Day High39.44
10 Day Low36.96
20 Day High42.52
20 Day Low36.96
52 Week High75.17
52 Week Low36.96
CS1 End37.33
CR1 Start38.6
Volume & EV
DER(3)3.85%
DER(5)3.27%
Volume875.40K
Volume Incr-21.69%
Vol(5)990.62K
Vol(50)1.04M