M&G PLC (MNG.L) Stock Technical Analysis
LON:MNG - London Exchange - GB00BKFB1C65 - Common Stock - Currency: GBX
We assign a technical rating of 9 out of 10 to MNG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MNG is showing a nice and steady performance.
Besides having an excellent technical rating, MNG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 268.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 266.53, 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.
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250.25
When analyzing the support we notice one important area.
- A support zone ranging from 252.78 to 268.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 84.9 | POSITIVE | MNG.L has a high relative strength, it outperformed 84.9% 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) | 61.96 | NEUTRAL | The RSI value for MNG.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests MNG.L has a positive trend. |
| Stochastics (14,3) | 67.13 | NEUTRAL | The Stochastics value for MNG.L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for MNG.L suggests low volalility. |
| Average Directional Index/ADX (14) | 39.15 | POSITIVE | The high ADX value value for MNG.L suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 268.02 | 257.09 | 10.93 (4.08%) | 24.52% |
| An entry @268.02. This is a Buy Stop order right above the resistance zone. | An exit @257.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.93 points, which is 4.08%. | When investing 24.52% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LON:MNG (8/21/2025, 10:15:15 AM)
268.4
+0.4 (+0.15%)