MANHATTAN ASSOCIATES INC (MANH) Stock Technical Analysis
USA - NASDAQ:MANH - US5627501092 - Common Stock
Overall MANH gets a technical rating of 0 out of 10. MANH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
180.24
We found 1 important support area.
- Support @182.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 200.02 to 200.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 204.67 to 206.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @217.75 from a horizontal line in the weekly 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 | 10.1 | NEGATIVE | MANH has a low relative strength, it was outperformed by 89.9% 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) | 34.52 | NEUTRAL | The RSI value for MANH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.54 | NEGATIVE | The MACD value suggests MANH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.98 | OVERSOLD | The low Stochastics value suggests MANH may be oversold. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for MANH suggests some volalility. |
| Average Directional Index/ADX (14) | 32.05 | POSITIVE | The high ADX value value for MANH suggests a strong trend. |
182.07
+2.2 (+1.22%)
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 current trend direction of MANHATTAN ASSOCIATES INC (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 34.5202. This indicates that the stock is currently neutral.
What is the short term momentum for MANH stock?
The short term momentum for MANHATTAN ASSOCIATES INC (MANH) is negative.
What is the support and resistance level for MANH stock?
MANHATTAN ASSOCIATES INC (MANH) has a support level at 182.06 and a resistance level at 200.02. Check the full technical report for our detailed analysis of MANH support and resistance levels.