MANHATTAN ASSOCIATES INC (MANH) Stock Technical Analysis
NASDAQ:MANH • US5627501092
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.
- 84% of all other stocks performed better in the past year than MANH.
- MANH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- MANH is part of the Software industry. There are 276 other stocks in this industry, MANH did better than 65% of them.
- In the last month MANH has a been trading in the 127.86 - 179.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MANH has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
134.27
When analyzing the support we notice one important area.
- Support @135.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 144.28 to 144.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 172.16 to 173.15. 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.
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 | 16.14 | NEGATIVE | MANH has a low relative strength, it was outperformed by 83.86% 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) | 40.25 | NEUTRAL | The RSI value for MANH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests MANH has a positive trend. |
| Stochastics (14,3) | 54.51 | NEUTRAL | The Stochastics value for MANH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for MANH suggests high volalility. |
| Average Directional Index/ADX (14) | 28.44 | POSITIVE | The high ADX value value for MANH suggests a strong trend. |
144.27
+0.73 (+0.51%)
MANHATTAN ASSOCIATES INC / MANH 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.
What is the RSI signal for MANHATTAN ASSOCIATES INC (MANH) stock?
MANHATTAN ASSOCIATES INC (MANH) has an RSI value of 40.2484. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MANHATTAN ASSOCIATES INC?
The MACD indicator for MANHATTAN ASSOCIATES INC (MANH) has a value of 0.541343, indicating a bearish trend.
What is the short term momentum for MANHATTAN ASSOCIATES INC (MANH) stock?
The short term momentum for MANHATTAN ASSOCIATES INC (MANH) is negative.