M&G PLC (MNG.L) Stock Technical Analysis
LON:MNG - London Exchange - GB00BKFB1C65 - Common Stock - Currency: GBX
We assign a technical rating of 10 out of 10 to MNG. Both in the recent history as in the last year, MNG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MNG did better than 85% of all other stocks.
MNG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MNG is leading the market.
In the last month MNG has a been trading in the 213.50 - 261.60 range, which is quite wide. It is currently trading near the high of this range.
MNG has an average volume of 2398910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MNG has an excellent technical rating, but 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
183.15
263.72
4 important support areas can be observed.
- A support zone ranging from 255.09 to 257.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 242.82 to 246.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @203.90 from a horizontal line in the daily time frame.
- Support @185.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 257.41 to 261.11. 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 MNG.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MNG.L is up. |
| ChartMill Relative Strength | 85.49 | POSITIVE | MNG.L has a high relative strength, it outperformed 85.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNG.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNG.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNG.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.93 | OVERBOUGHT | The high RSI value suggests MNG.L may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests MNG.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.56 | OVERBOUGHT | The high Stochastics value suggests MNG.L may be overbought. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for MNG.L suggests low volalility. |
| Average Directional Index/ADX (14) | 54.99 | POSITIVE | The high ADX value value for MNG.L suggests a strong 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)
LON:MNG (6/19/2025, 5:36:15 PM)
257.4
-3.7 (-1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.42%
1 Week0.86%
2 Weeks6.32%
1 Month16.73%
3 Month18.34%
6 Month33.51%
12 Month24.77%
2 Year34.48%
3 Year32.27%
5 Year53.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.76
ATR(20)%1.75%
ATR Inc-29.43%
Range Today3.55
ADR(20)3.7
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.49
Mansfield1.87
10 Day High261.6
10 Day Low242
20 Day High261.6
20 Day Low213.5
52 Week High261.6
52 Week Low171.6
CS1 End257.39
CR1 Start257.41
Volume & EV
DER(3)-9.26%
DER(5)-3.92%
Volume2.89M
Volume Incr-7.26%
Vol(5)2.50M
Vol(50)2.40M