MANCHESTER UNITED PLC-CL A (MANU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MANU - KYG5784H1065 - Common Stock
We assign a technical rating of 3 out of 10 to MANU. In the past year, MANU was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, MANU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.83, a Stop Loss order could be placed below this zone.
More info and screens
14.94
We found 1 important support area.
- A support zone ranging from 15.09 to 15.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 15.99 to 16.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.90 from a horizontal line in the weekly time frame.
- Resistance @18.20 from a horizontal line in the weekly time frame.
- Resistance @19.24 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for MANU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MANU is up. |
| ChartMill Relative Strength | 39.34 | NEUTRAL | MANU is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of MANU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MANU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.24 | NEUTRAL | The RSI value for MANU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests MANU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.76 | NEUTRAL | The Stochastics value for MANU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for MANU suggests some volalility. |
| Average Directional Index/ADX (14) | 18.15 | NEGATIVE | The low ADX value for MANU suggests a weak or negative trend. |
15.92
-0.15 (-0.93%)
MANCHESTER UNITED PLC-CL A / MANU FAQ
Can you provide the ChartMill technical rating for MANCHESTER UNITED PLC-CL A?
ChartMill assigns a technical rating of 3 / 10 to MANU.
What is the trend direction for MANU stock?
The current trend direction for MANCHESTER UNITED PLC-CL A (MANU) is Bearish.
What is the RSI signal for MANCHESTER UNITED PLC-CL A (MANU) stock?
MANCHESTER UNITED PLC-CL A (MANU) has an RSI value of 53.2357. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MANCHESTER UNITED PLC-CL A?
The short term momentum for MANCHESTER UNITED PLC-CL A (MANU) is positive.
What are the support and resistance levels for MANCHESTER UNITED PLC-CL A (MANU) stock?
MANCHESTER UNITED PLC-CL A (MANU) has a support level at 15.83 and a resistance level at 15.99. Check the full technical report for our detailed analysis of MANU support and resistance levels.