Manning and Napier Inc (MN) Stock Technical Analysis
NYSE:MN - New York Stock Exchange, Inc. - US56382Q1022 - Common Stock - Currency: USD
Taking everything into account, MN scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
MN is one of the better performing stocks in the Capital Markets industry, it outperforms 93% of 233 stocks in the same industry.
MN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MN has a been trading in the 11.63 - 12.85 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MN is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Volume is considerably higher in the last couple of days.
Although MN has an excellent technical rating, the quality of the presented setup is not ideal 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
8.52
12.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.24 to 12.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.75 to 11.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.61 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.86 to 12.86. 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 MN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MN is up. |
| ChartMill Relative Strength | 93.36 | POSITIVE | MN has a high relative strength, it outperformed 93.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.65 | NEUTRAL | The RSI value for MN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MN has a positive trend. |
| Stochastics (14,3) | 92.96 | OVERBOUGHT | The high Stochastics value suggests MN may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for MN suggests low volalility. |
| Average Directional Index/ADX (14) | 22.26 | NEUTRAL | The ADX value for MN suggests a possible start of a new 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)
12.85
+0.02 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.16%
1 Week1.42%
2 Weeks3.21%
1 Month4.64%
3 Month1.58%
6 Month0.63%
12 Month32.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.61%
ATR Inc-34.05%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.36
Mansfield3.49
10 Day High12.85
10 Day Low12.35
20 Day High12.85
20 Day Low11.63
52 Week High12.91
52 Week Low7.25
CS1 End12.79
CR1 Start12.86
Volume & EV
DER(3)-3.69%
DER(5)-2.33%
Volume423.50K
Volume Incr64.54%
Vol(5)472.16K
Vol(50)263.00K