MANHATTAN ASSOCIATES INC (MANH) Stock Technical Analysis
NASDAQ:MANH - Nasdaq - US5627501092 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to MANH. Recently some decent action could be observed, but in the medium term time frame this is still negative. MANH was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MANH is a bad performer in the overall market: 74% of all stocks are doing better.
MANH is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month MANH has a been trading in the 140.81 - 188.36 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MANH is part of the Software industry. There are 281 other stocks in this industry, MANH did better than 48% of them.
The technical rating of MANH 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
158.90
306.36
When analyzing the support we notice one important area.
- Support @160.50 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 177.40 to 179.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @303.33 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.88
Mansfield-2.4
10 Day High188.36
10 Day Low157.26
20 Day High188.36
20 Day Low140.81
52 Week High312.6
52 Week Low140.81
Performance
1 Week3.16%
2 Weeks7.93%
1 Month1.5%
3 Month-14.96%
6 Month-32.9%
12 Month-15.83%
2 Year7.07%
3 Year35.88%
5 Year150.06%
10 Year237.5%
15 Year2375.79%
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)
Technical Indicators
MACD(12,26,9)2.67
RSI(14)57.77
LBB153.2
UBB181.01
177.39
+1.14 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.65%
1 Week3.16%
2 Weeks7.93%
1 Month1.5%
3 Month-14.96%
6 Month-32.9%
12 Month-15.83%
2 Year7.07%
3 Year35.88%
5 Year150.06%
10 Year237.5%
15 Year2375.79%
Volatility
ATR(14)7.22
ATR(20)%5.3%
ATR Inc-32.62%
Range Today6.3
ADR(20)7.87
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.88
Mansfield-2.4
10 Day High188.36
10 Day Low157.26
20 Day High188.36
20 Day Low140.81
52 Week High312.6
52 Week Low140.81
CS1 End160.5
CR1 Start177.4
Volume & EV
DER(3)-0.96%
DER(5)-0.9%
Volume658.50K
Volume Incr-30.37%
Vol(5)657.20K
Vol(50)887.65K