MANPOWERGROUP INC (MAN)

US56418H1005 - Common Stock

76.78  -0.98 (-1.26%)

Technical Rating and Analysis

7

Taking everything into account, MAN scores 7 out of 10 in our technical rating. MAN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month MAN has a been trading in the 72.97 - 78.87 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When compared to the yearly performance of all other stocks, MAN outperforms 57% of them, which is more or less in line with the market.
MAN is an average performer in the Professional Services industry, it outperforms 64% of 82 stocks in the same industry.
MAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MAN is lagging the market.
Weekly and Daily overview Charts
MAN Weekly chart
MAN Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, MAN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 79.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 76.96, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

67.75

80.26

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 73.71 to 76.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 71.66 to 71.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 68.43 to 70.38. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 79.06 to 79.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.83
Mansfield-0.98
10 Day High78.87
10 Day Low74.97
20 Day High78.87
20 Day Low72.97
52 Week High88.91
52 Week Low67.35
Performance
1 Week1.09%
2 Weeks3.45%
1 Month10.97%
3 Month10.53%
6 Month3.24%
12 Month6.62%
2 Year-13.22%
3 Year-35.73%
5 Year-9.07%
10 Year-5.15%
15 Year82.92%
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)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)59.57
LBB74.72
UBB78.46
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
76.9774.962.01 (2.61%)25.00%
An entry @76.97. This is a Buy Stop order right above the 10 day moving average.An exit @74.96. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 2.01 points, which is 2.61%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MAN Daily chart

MANPOWERGROUP INC

NYSE:MAN (5/16/2024, 11:45:30 AM)

76.78

-0.98 (-1.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.26%
1 Week1.09%
2 Weeks3.45%
1 Month10.97%
3 Month10.53%
6 Month3.24%
12 Month6.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.28
ATR(20)%2.16%
ATR Inc
Range Today0.8
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High78.87
10 Day Low74.97
20 Day High78.87
20 Day Low72.97
52 Week High88.91
52 Week Low67.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume99.65K
Volume Incr-16.37%
Vol(5)331.22K
Vol(50)373.42K