MANCHESTER UNITED PLC-CL A (MANU) Stock Technical Analysis
NYSE:MANU - KYG5784H1065 - Common Stock
17.85 USD
+0.41 (+2.35%)
17.94 USD
+0.09 (+0.5%)
Taking everything into account, MANU scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MANU is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MANU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MANU is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that MANU is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MANU is an average performer in the Entertainment industry, it outperforms 55% of 75 stocks in the same industry.
In the last month MANU has a been trading in the 17.00 - 18.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MANU has an average technical rating and also the quality of the setup is only medium 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
16.82
18.35
2 important support areas can be observed.
- A support zone ranging from 17.41 to 17.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.99 to 17.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 17.89 to 18.17. 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 | UP | POSITIVE | The long term trend for MANU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MANU is neutral. |
| ChartMill Relative Strength | 75.08 | POSITIVE | MANU has a high relative strength, it outperformed 75.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MANU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MANU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MANU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.48 | NEUTRAL | The RSI value for MANU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MANU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.89 | NEUTRAL | The Stochastics value for MANU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for MANU suggests some volalility. |
| Average Directional Index/ADX (14) | 10.3 | NEGATIVE | The low ADX value for MANU suggests a weak or negative trend. |
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)
17.85
+0.41 (+2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.35%
1 Week1.94%
2 Weeks0.28%
1 Month1.59%
3 Month25.97%
6 Month21.76%
12 Month3.6%
2 Year-21.74%
3 Year32.81%
5 Year16.06%
10 Year0.45%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%2.06%
ATR Inc38.59%
Range Today0.52
ADR(20)0.36
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.08
Mansfield0.19
10 Day High17.88
10 Day Low17
20 Day High18.05
20 Day Low17
52 Week High19.65
52 Week Low12.05
CS1 End17.81
CR1 Start17.89
Volume & EV
DER(3)1.66%
DER(5)2.17%
Volume294.60K
Volume Incr33.5%
Vol(5)218.02K
Vol(50)265.16K