MANPOWERGROUP INC (MAN) Stock Technical Analysis
NYSE:MAN - New York Stock Exchange, Inc. - US56418H1005 - Common Stock - Currency: USD
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: 95% of all stocks are doing better.
MAN is part of the Professional Services industry. There are 82 other stocks in this industry, of which 83% are performing better than MAN.
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 37.99 - 43.25 range, which is quite wide. It is currently trading near the lows of this range.
MAN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 38.49, a Stop Loss order could be placed below this zone.
More info and screens
37.98
69.17
We found 1 important support area.
- A support zone ranging from 38.36 to 38.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
7 important resistance areas can be observed.
- A resistance zone ranging from 40.30 to 40.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @42.88 from a horizontal line in the daily time frame.
- A resistance zone ranging from 43.79 to 44.26. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @53.57 from a trend line in the daily time frame.
- Resistance @56.59 from a trend line in the weekly time frame.
- Resistance @60.85 from a horizontal line in the daily time frame.
- Resistance @68.49 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 | 5.98 | NEGATIVE | MAN has a low relative strength, it was outperformed by 94.02% 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) | 41.55 | NEUTRAL | The RSI value for MAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MAN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.05 | NEUTRAL | The Stochastics value for MAN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for MAN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.74 | 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)
39.4
-0.5 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.25%
1 Week-1.3%
2 Weeks-7.73%
1 Month-7.97%
3 Month-32.83%
6 Month-31.11%
12 Month-43.55%
2 Year-50.38%
3 Year-48.44%
5 Year-42.69%
10 Year-55.92%
15 Year-8.75%
Volatility
ATR(14)1.4
ATR(20)%3.31%
ATR Inc-22.12%
Range Today0.84
ADR(20)1.19
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.98
Mansfield-3.7
10 Day High43.25
10 Day Low37.99
20 Day High43.25
20 Day Low37.99
52 Week High78.22
52 Week Low37.99
CS1 End38.49
CR1 Start40.3
Volume & EV
DER(3)-0.76%
DER(5)-1.5%
Volume653.10K
Volume Incr12.39%
Vol(5)880.16K
Vol(50)998.63K