MINISO GROUP HOLDING LTD-ADR (MNSO) Stock Technical Analysis
NYSE:MNSO - New York Stock Exchange, Inc. - US66981J1025 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to MNSO. MNSO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MNSO is a bad performer in the overall market: 82% of all stocks are doing better.
MNSO is part of the Broadline Retail industry. There are 31 other stocks in this industry, of which 66% are performing better than MNSO.
MNSO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month MNSO has a been trading in the 13.95 - 19.76 range, which is quite wide. It is currently trading near the lows of this range.
MNSO has an average volume of 1412660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
14.22
28.43
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.05 to 15.24. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @14.36 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @16.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.37 to 19.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.28 from a trend line in the daily time frame.
- Resistance @28.15 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
CRS18.67
Mansfield-1.57
10 Day High16.96
10 Day Low13.95
20 Day High19.76
20 Day Low13.95
52 Week High27.71
52 Week Low12.51
Performance
1 Week1.62%
2 Weeks-13.45%
1 Month-24.77%
3 Month-33.59%
6 Month-4.98%
12 Month-23.56%
2 Year-15.18%
3 Year112.79%
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)-0.05
RSI(14)38.62
LBB13.79
UBB19.58
15.64
+0.04 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg0.26%
1 Week1.62%
2 Weeks-13.45%
1 Month-24.77%
3 Month-33.59%
6 Month-4.98%
12 Month-23.56%
2 Year-15.18%
3 Year112.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%7.8%
ATR Inc-25.71%
Range Today0.48
ADR(20)0.89
ADR(20)%5.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.67
Mansfield-1.57
10 Day High16.96
10 Day Low13.95
20 Day High19.76
20 Day Low13.95
52 Week High27.71
52 Week Low12.51
CS1 End15.24
CR1 Start16.58
Volume & EV
DER(3)1.83%
DER(5)1.92%
Volume675.80K
Volume Incr-31.01%
Vol(5)1.28M
Vol(50)1.41M