M&G PLC (MNG.L) Stock Technical Analysis
LON:MNG - London Stock Exchange, The - GB00BKFB1C65 - Common Stock - Currency: GBX
Taking everything into account, MNG scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MNG is a bad performer.
63% of all other stocks performed better in the past year than MNG.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MNG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
MNG has an average volume of 1776440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MNG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month MNG has a been trading in a tight range between 206.30 and 216.60.
MNG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 212.90, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
189.38
217.25
We found 3 important support areas.
- A support zone ranging from 211.62 to 212.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 204.50 to 206.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 191.29 to 195.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @215.10 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.45
Mansfield0.08
10 Day High216.6
10 Day Low206.3
20 Day High216.6
20 Day Low206.3
52 Week High241.1
52 Week Low184.5
Performance
1 Week1.02%
2 Weeks1.96%
1 Month0.8%
3 Month5.72%
6 Month3.29%
12 Month-7.54%
2 Year7.73%
3 Year-4.18%
5 Year89.43%
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)-0.17
RSI(14)55.85
LBB206.75
UBB215.51
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 |
|---|---|---|---|
| 215.11 | 211.61 | 3.50 (1.63%) | 25.00% |
| An entry @215.11. This is a Buy Stop order right above the resistance zone. | An exit @211.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.50 points, which is 1.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%. |
- The distance between exit and entry is rather small compared to the average daily movement of MNG. Please evaluate whether better entry and exit points can be found.
- 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 (3/7/2025, 5:35:30 PM)
213.3
+1.5 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.71%
1 Week1.02%
2 Weeks1.96%
1 Month0.8%
3 Month5.72%
6 Month3.29%
12 Month-7.54%
2 Year7.73%
3 Year-4.18%
5 Year89.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.05
ATR(20)%1.73%
ATR Inc39.86%
Range Today4.8
ADR(20)3.45
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.45
Mansfield0.08
10 Day High216.6
10 Day Low206.3
20 Day High216.6
20 Day Low206.3
52 Week High241.1
52 Week Low184.5
CS1 End212.9
CR1 Start215.1
Volume & EV
DER(3)-3.85%
DER(5)-0.95%
Volume1.77M
Volume Incr28.12%
Vol(5)1.94M
Vol(50)1.78M