MANPOWERGROUP INC (MAN) Stock Technical Analysis
NYSE:MAN - New York Stock Exchange, Inc. - US56418H1005 - Common Stock - Currency: USD
Taking everything into account, MAN scores 1 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.
94% of all other stocks performed better in the past year than MAN.
MAN is one of the lesser performing stocks in the Professional Services industry. 80% of 82 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. The S&P500 Index is trading in the upper part of its 52 week range, so MAN is lagging the market.
In the last month MAN has a been trading in the 38.10 - 44.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of MAN is bad and it also does not present a 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
40.25
67.57
5 important resistance areas can be observed.
- A resistance zone ranging from 44.26 to 44.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @55.26 from a trend line in the daily time frame.
- Resistance @57.72 from a trend line in the weekly time frame.
- A resistance zone ranging from 60.30 to 60.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @66.90 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 | 6.89 | NEGATIVE | MAN has a low relative strength, it was outperformed by 93.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MAN is below the rising 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) | 39.55 | NEUTRAL | The RSI value for MAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MAN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 15.98 | OVERSOLD | The low Stochastics value suggests MAN may be oversold. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for MAN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for MAN suggests a possible start of a new 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)
40.66
-0.22 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.54%
1 Week-2.96%
2 Weeks-7.34%
1 Month4.66%
3 Month-35.11%
6 Month-33.74%
12 Month-43.19%
2 Year-48.79%
3 Year-46.79%
5 Year-40.86%
10 Year-54.51%
15 Year-5.84%
Volatility
ATR(14)1.02
ATR(20)%3.01%
ATR Inc-7.97%
Range Today0.43
ADR(20)1.02
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.89
Mansfield-3.61
10 Day High43.54
10 Day Low39.7
20 Day High44.35
20 Day Low38.1
52 Week High78.22
52 Week Low38.1
CS1 EndN/A
CR1 Start44.26
Volume & EV
DER(3)0.03%
DER(5)0.67%
Volume560.60K
Volume Incr-2.44%
Vol(5)907.66K
Vol(50)971.28K