Manchester United Technical Analysis (NYSE:MANU)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The MANU stock chart pattern can give those who understand technical analysis an indication of which way MANU stock is headed, but cannot predict with 100% certainty as to what can happen to the Manchester United stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Manchester United. The technical analysis form of Manchester United stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Manchester United Moving Average
Moving averages show the MANU stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $25.1 is above the price of $23.6.
Manchester United Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the MANU stock. The stock price is trading between the average and the lower band in the context of Manchester United bollinger bands.
Manchester United Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Manchester United MACD indicator can be used to identify bullish and bearish trends for the stock.
Manchester United Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of MANU stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.