EPA:MANA - Euronext Paris - Matif -
We assign a technical rating of 9 out of 10 to MANA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MANA is showing a nice and steady performance.
Although MANA has an excellent technical rating, it does not present a decent entry opportunity 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.
1.31
3 important support areas can be observed.
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 | UP | POSITIVE | The long term trend for MANA.PA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MANA.PA is up. |
ChartMill Relative Strength | 98.83 | POSITIVE | MANA.PA has a high relative strength, it outperformed 98.83% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MANA.PA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MANA.PA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MANA.PA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.98 | NEUTRAL | The RSI value for MANA.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MANA.PA has a negative trend. |
Stochastics (14,3) | 40.28 | NEUTRAL | The Stochastics value for MANA.PA is a neutral value. |
Average True Range in percent/ATR (20) | 10.63 | HIGH VOLATILITY | The high ATR as a percentage value for MANA.PA suggests high volalility. |
Average Directional Index/ADX (14) | 32.45 | POSITIVE | The high ADX value value for MANA.PA suggests a strong trend. |