We assign a technical rating of 1 out of 10 to MANH. 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.
MANH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 178.23. Right above this resistance zone may be a good entry point.
More info and screens
164.92
When analyzing the support we can see 2 important areas.
- A support zone ranging from 172.58 to 175.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 166.59 to 168.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 178.23 to 180.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 184.03 to 184.59. 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 | DOWN | NEGATIVE | The long term trend for MANH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MANH is neutral. |
| ChartMill Relative Strength | 12.91 | NEGATIVE | MANH has a low relative strength, it was outperformed by 87.09% 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) | DOWN | MIXED | The current price of MANH is above 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) | 52.38 | NEUTRAL | The RSI value for MANH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests MANH has a positive trend. |
| Stochastics (14,3) | 66.07 | NEUTRAL | The Stochastics value for MANH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for MANH suggests some volalility. |
| Average Directional Index/ADX (14) | 23.54 | NEUTRAL | The ADX value for MANH suggests a possible start of a new trend. |
175.64
+1.94 (+1.12%)
MANHATTAN ASSOCIATES INC / MANH FAQ
Can you provide the ChartMill technical rating for MANHATTAN ASSOCIATES INC?
ChartMill assigns a technical rating of 1 / 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 52.376. 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 0.286991, 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 neutral.