MANHATTAN ASSOCIATES INC (MANH) Technical Analysis
NASDAQ:MANH • US5627501092
Current stock price
MANH Technical Rating and Analysis
Taking everything into account, MANH scores 0 out of 10 in our technical rating. MANH'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MANH is a bad performer in the overall market: 85% of all stocks are doing better.
- MANH is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MANH is lagging the market.
- MANH is part of the Software industry. There are 275 other stocks in this industry, MANH did better than 56% of them.
- In the last month MANH has a been trading in the 126.00 - 152.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
MANH Weekly and Daily overview Charts
MANH Setup Rating and Analysis
Although the technical rating is bad, MANH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for MANH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MANH Support and Resistance Analysis
126.12
We found 1 important support area.
- A support zone ranging from 127.39 to 127.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 137.39 to 138.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @149.63 from a horizontal line in the daily time frame.
- A resistance zone ranging from 152.46 to 152.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 156.24 to 157.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 178.23 to 178.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
MANH Technical Indicator Signal Analysis
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 MANH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MANH is down. |
| ChartMill Relative Strength | 15.87 | NEGATIVE | MANH has a low relative strength, it was outperformed by 84.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MANH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MANH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MANH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.41 | NEUTRAL | The RSI value for MANH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests MANH has a positive trend. |
| Stochastics (14,3) | 44.37 | NEUTRAL | The Stochastics value for MANH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for MANH suggests some volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for MANH suggests a weak or negative trend. |
MANH Chart- and CandleStick Pattern Analysis
MANH Technicals: Chart, Performance Metrics, Trend & Indicators
136.42
+1.86 (+1.38%)
MANHATTAN ASSOCIATES INC / MANH TA FAQ
Can you provide the ChartMill technical rating for MANHATTAN ASSOCIATES INC?
ChartMill assigns a technical rating of 0 / 10 to MANH.
What is the trend direction for MANH stock?
The current trend direction for MANHATTAN ASSOCIATES INC (MANH) is Bearish.
Can you provide the RSI signal for MANHATTAN ASSOCIATES INC?
MANHATTAN ASSOCIATES INC (MANH) has an RSI value of 47.4103. This indicates that the stock is currently neutral.
What is the MACD signal for MANHATTAN ASSOCIATES INC (MANH) stock?
The MACD indicator for MANHATTAN ASSOCIATES INC (MANH) has a value of 0.377478, indicating a bearish trend.
Can you provide the support and resistance levels for MANHATTAN ASSOCIATES INC?
MANHATTAN ASSOCIATES INC (MANH) has a support level at 127.39 and a resistance level at 137.39. Check the full technical report for our detailed analysis of MANH support and resistance levels.