MANHATTAN ASSOCIATES INC (MANH) Stock Technical Analysis
USA - NASDAQ:MANH - US5627501092 - Common Stock
216.1 USD
-3.16 (-1.44%)
216.1 USD
0 (0%)
Overall MANH gets a technical rating of 6 out of 10. Although MANH is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, MANH is a bad performer in the overall market: 75% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month MANH has a been trading in the 202.25 - 220.59 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.
MANH is part of the Software industry. There are 280 other stocks in this industry, MANH did better than 43% of them.
MANH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MANH is lagging the market.
Although the technical rating is only medium, MANH does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 217.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 214.76, a Stop Loss order could be placed below this zone.
More info and screens
203.20
222.39
We found 1 important support area.
- A support zone ranging from 205.25 to 214.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 217.34 to 220.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MANH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MANH is neutral. |
| ChartMill Relative Strength | 25.22 | NEGATIVE | MANH has a low relative strength, it was outperformed by 74.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MANH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MANH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MANH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.45 | NEUTRAL | The RSI value for MANH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MANH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.52 | NEUTRAL | The Stochastics value for MANH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for MANH suggests some volalility. |
| Average Directional Index/ADX (14) | 19.84 | NEGATIVE | The low ADX value for MANH suggests a weak or negative 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 220.20 | 205.24 | 14.96 (6.79%) | 14.72% |
| An entry @220.20. This is a Buy Stop order right above the resistance zone. | An exit @205.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 14.96 points, which is 6.79%. | For a 1.00% total portfolio risk, you can invest 14.72% of your capital in this trade. |
- 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.
216.1
-3.16 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.44%
1 Week0.37%
2 Weeks-1.08%
1 Month0.42%
3 Month14.15%
6 Month25.28%
12 Month-18.06%
2 Year9.33%
3 Year62.44%
5 Year126.31%
10 Year246.87%
15 Year2845.14%
Volatility
ATR(14)5.58
ATR(20)%2.45%
ATR Inc35.59%
Range Today5.06
ADR(20)5.11
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.22
Mansfield-1.31
10 Day High220.31
10 Day Low202.26
20 Day High220.59
20 Day Low202.26
52 Week High312.6
52 Week Low140.81
CS1 End214.76
CR1 Start217.34
Volume & EV
DER(3)-0.71%
DER(5)-0.61%
Volume435.50K
Volume Incr6.16%
Vol(5)507.24K
Vol(50)553.85K