MANCHESTER UNITED PLC-CL A (MANU) Technical Analysis
NYSE:MANU • KYG5784H1065
Current stock price
MANU Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MANU. MANU has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- MANU is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- MANU is one of the better performing stocks in the Entertainment industry, it outperforms 79% of 79 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that MANU is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- MANU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MANU is lagging the market slightly.
MANU Weekly and Daily overview Charts
MANU Setup Rating and Analysis
MANU has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
MANU Support and Resistance Analysis
14.95
We found 3 important support areas.
- Support @16.13 from a trend line in the daily time frame.
- A support zone ranging from 15.68 to 15.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 15.10 to 15.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.82 to 18.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.24 from a horizontal line in the daily time frame.
MANU Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for MANU is down. |
| ChartMill Relative Strength | 77.19 | POSITIVE | MANU has a high relative strength, it outperformed 77.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MANU is below a declining 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) | DOWN | NEGATIVE | The current price of MANU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.11 | NEUTRAL | The RSI value for MANU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MANU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.43 | NEUTRAL | The Stochastics value for MANU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for MANU suggests some volalility. |
| Average Directional Index/ADX (14) | 17.46 | NEGATIVE | The low ADX value for MANU suggests a weak or negative trend. |
MANU Chart- and CandleStick Pattern Analysis
MANU Technicals: Chart, Performance Metrics, Trend & Indicators
16.35
-0.13 (-0.79%)
MANCHESTER UNITED PLC-CL A / MANU TA FAQ
Can you provide the ChartMill technical rating for MANCHESTER UNITED PLC-CL A?
ChartMill assigns a technical rating of 1 / 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 41.1093. 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 negative.
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 16.13 and a resistance level at 17.82. Check the full technical report for our detailed analysis of MANU support and resistance levels.