USA - New York Stock Exchange - NYSE:MANU - KYG5784H1065 - Common Stock
Overall MANU gets a technical rating of 0 out of 10. MANU'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.
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 support zone below the current price at 15.21, a Stop Loss order could be placed below this zone.
14.94
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
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 MANU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MANU is down. |
| ChartMill Relative Strength | 24.71 | NEGATIVE | MANU has a low relative strength, it was outperformed by 75.29% 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) | 35.88 | NEUTRAL | The RSI value for MANU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MANU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.36 | OVERSOLD | The low Stochastics value suggests MANU may be oversold. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for MANU suggests some volalility. |
| Average Directional Index/ADX (14) | 28.1 | POSITIVE | The high ADX value value for MANU suggests a strong trend. |
15.27
-0.17 (-1.1%)
ChartMill assigns a technical rating of 0 / 10 to MANU.
The current trend direction for MANCHESTER UNITED PLC-CL A (MANU) is Bearish.
MANCHESTER UNITED PLC-CL A (MANU) has an RSI value of 35.8825. This indicates that the stock is currently neutral.
The MACD indicator for MANCHESTER UNITED PLC-CL A (MANU) has a value of -0.0652614, indicating a bearish trend.
MANCHESTER UNITED PLC-CL A (MANU) has a support level at 15.21 and a resistance level at 15.52. Check the full technical report for our detailed analysis of MANU support and resistance levels.