MANPOWERGROUP INC (MAN) Stock Technical Analysis
USA - NYSE:MAN - US56418H1005 - Common Stock
We assign a technical rating of 0 out of 10 to MAN. MAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
28.42
We can see 4 important resistance areas.
- A resistance zone ranging from 30.38 to 30.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 35.93 to 36.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.92 from a horizontal line in the daily time frame.
- Resistance @49.37 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 | 5.43 | NEGATIVE | MAN has a low relative strength, it was outperformed by 94.57% 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) | 21.14 | OVERSOLD | The low RSI value suggests MAN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests MAN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.52 | OVERSOLD | The low Stochastics value suggests MAN may be oversold. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for MAN suggests some volalility. |
| Average Directional Index/ADX (14) | 40.79 | POSITIVE | The high ADX value value for MAN suggests a strong trend. |
28.71
+0.11 (+0.38%)
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 21.1405. This indicates that the stock is currently oversold.
Can you provide the MACD signal for MANPOWERGROUP INC?
The MACD indicator for MANPOWERGROUP INC (MAN) has a value of -0.27823, indicating a bearish trend.
Can you provide the support and resistance levels for MANPOWERGROUP INC?
MANPOWERGROUP INC (MAN) has a resistance level at 30.38. Check the full technical report for our detailed analysis of MAN support and resistance levels.