MANPOWERGROUP INC (MAN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MAN - US56418H1005 - Common Stock
We assign a technical rating of 0 out of 10 to MAN. 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.
Although the technical rating is bad, MAN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
27.65
We found 1 important support area.
- A support zone ranging from 27.93 to 28.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 28.76 to 28.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 32.63 to 33.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.85 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 | 6.49 | NEGATIVE | MAN has a low relative strength, it was outperformed by 93.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MAN is above 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) | 41.14 | NEUTRAL | The RSI value for MAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests MAN has a positive trend. |
| Stochastics (14,3) | 69.62 | NEUTRAL | The Stochastics value for MAN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for MAN suggests some volalility. |
| Average Directional Index/ADX (14) | 46.05 | POSITIVE | The high ADX value value for MAN suggests a strong trend. |
28.5
-0.26 (-0.9%)
MANPOWERGROUP INC / MAN FAQ
What is the ChartMill technical rating of MANPOWERGROUP INC (MAN) stock?
ChartMill assigns a technical rating of 0 / 10 to MAN.
What is the trend direction for MAN stock?
The current trend direction for MANPOWERGROUP INC (MAN) is Bearish.
Can you provide the RSI signal for MANPOWERGROUP INC?
MANPOWERGROUP INC (MAN) has an RSI value of 41.1439. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MANPOWERGROUP INC?
The MACD indicator for MANPOWERGROUP INC (MAN) has a value of 0.381549, indicating a bearish trend.
Can you provide the support and resistance levels for MANPOWERGROUP INC?
MANPOWERGROUP INC (MAN) has a support level at 28.49 and a resistance level at 28.76. Check the full technical report for our detailed analysis of MAN support and resistance levels.