MANHATTAN ASSOCIATES INC (MANH)
US5627501092 - Common Stock
We assign a technical rating of 8 out of 10 to MANH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MANH is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MANH is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by MANH over the past year are nicely spread over this period.
MANH 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 MANH is lagging the market slightly.
MANH is an average performer in the Software industry, it outperforms 53% of 279 stocks in the same industry.
In the last month MANH has a been trading in the 261.67 - 306.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MANH 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
229.60
307.70
When analyzing the support we can see 5 important areas.
- A support zone ranging from 274.63 to 279.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @268.88 from a trend line in the daily time frame.
- A support zone ranging from 263.35 to 264.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 237.27 to 239.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @231.92 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @304.65 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.06
Mansfield0.39
10 Day High292.55
10 Day Low261.67
20 Day High306.4
20 Day Low261.67
52 Week High307.5
52 Week Low199.23
Performance
1 Week2.26%
2 Weeks8.13%
1 Month-5.26%
3 Month12.28%
6 Month25.62%
12 Month29.54%
2 Year128.2%
3 Year84.04%
5 Year244.14%
10 Year626.47%
15 Year4779.29%
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)1.22
RSI(14)58.19
LBB258.94
UBB292.19
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 |
|---|---|---|---|
| 292.56 | 274.62 | 17.94 (6.13%) | 16.31% |
| An entry @292.56. This is a Buy Stop order right above the 10 day high. | An exit @274.62. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 17.94 points, which is 6.13%. | When investing 16.31% 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.
MANHATTAN ASSOCIATES INC
NASDAQ:MANH (11/13/2024, 4:07:05 PM)
After market: 287.39 0 (0%)287.39
+3.05 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.07%
1 Week2.26%
2 Weeks8.13%
1 Month-5.26%
3 Month12.28%
6 Month25.62%
12 Month29.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.43
ATR(20)%2.56%
ATR Inc
Range Today7.9
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 High292.55
10 Day Low261.67
20 Day High306.4
20 Day Low261.67
52 Week High307.5
52 Week Low199.23
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume360.97K
Volume Incr-37.59%
Vol(5)321.13K
Vol(50)426.00K