MINISO GROUP HOLDING LTD-ADR (MNSO)

US66981J1025 - ADR

17.57  +0.82 (+4.9%)

Technical Rating and Analysis

2

Taking everything into account, MNSO scores 2 out of 10 in our technical rating. MNSO'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MNSO is a bad performer in the overall market: 86% of all stocks are doing better.
MNSO is part of the Broadline Retail industry. There are 32 other stocks in this industry, of which 80% are performing better than MNSO.
In the last month MNSO has a been trading in the 12.51 - 21.43 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MNSO has an average volume of 3188130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MNSO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MNSO is lagging the market.
Weekly and Daily overview Charts
MNSO Weekly chart
MNSO Daily chart
Setup Rating and Analysis

4

MNSO has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

14.90

22.47

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 17.35 to 17.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 15.05 to 15.25. 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 20.04 to 20.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @22.25 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.01
Mansfield-2.61
10 Day High19.34
10 Day Low14.98
20 Day High21.43
20 Day Low12.51
52 Week High28.16
52 Week Low12.51
Performance
1 Week-8.47%
2 Weeks-17.97%
1 Month22.08%
3 Month0.42%
6 Month-29.12%
12 Month-35.6%
2 Year228.43%
3 Year11.59%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.31
RSI(14)48.24
LBB15.04
UBB21.04
MNSO Daily chart

MINISO GROUP HOLDING LTD-ADR

NYSE:MNSO (10/22/2024, 1:28:01 PM)

17.57

+0.82 (+4.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg4.9%
1 Week-8.47%
2 Weeks-17.97%
1 Month22.08%
3 Month0.42%
6 Month-29.12%
12 Month-35.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.39
ATR(20)%9.11%
ATR Inc
Range Today0.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.34
10 Day Low14.98
20 Day High21.43
20 Day Low12.51
52 Week High28.16
52 Week Low12.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume935.04K
Volume Incr-58.89%
Vol(5)2.22M
Vol(50)3.19M