M&G PLC (MNG.L) Stock Technical Analysis
Europe - LON:MNG - GB00BKFB1C65 - Common Stock
253.6 GBX
+0.4 (+0.16%)
We assign a technical rating of 3 out of 10 to MNG. MNG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month MNG has a been trading in the 247.25 - 279.20 range, which is quite wide. It is currently trading near the lows of this range.
MNG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MNG is lagging the market slightly.
MNG has an average volume of 1802680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, MNG turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, MNG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 253.59, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MNG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
250.66
271.80
We found 1 important support area.
- A support zone ranging from 253.19 to 253.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 253.70 to 262.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 268.21 to 269.11. 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 | DOWN | NEGATIVE | The short term trend for MNG.L is down. |
| ChartMill Relative Strength | 58.8 | NEUTRAL | MNG.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNG.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNG.L is below a declining 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) | 38.42 | NEUTRAL | The RSI value for MNG.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.36 | NEGATIVE | The MACD value suggests MNG.L has a negative trend. |
| Stochastics (14,3) | 23.94 | NEUTRAL | The Stochastics value for MNG.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for MNG.L suggests some volalility. |
| Average Directional Index/ADX (14) | 25.34 | 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 (9/12/2025, 5:29:57 PM)
253.6
+0.4 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.16%
1 Week-2.46%
2 Weeks-4.34%
1 Month-5.27%
3 Month-0.47%
6 Month17.27%
12 Month22.81%
2 Year28.99%
3 Year52.59%
5 Year58.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.58
ATR(20)%2.27%
ATR Inc-15.83%
Range Today1.7
ADR(20)5.49
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.8
Mansfield0.41
10 Day High279.2
10 Day Low247.25
20 Day High279.2
20 Day Low247.25
52 Week High279.2
52 Week Low171.6
CS1 End253.59
CR1 Start253.7
Volume & EV
DER(3)4.92%
DER(5)0.68%
Volume1.91M
Volume Incr25.09%
Vol(5)2.49M
Vol(50)1.80M