• Return to Headlines

Manpowergroup In Bearish Moving Average Crossover Alert (MAN)

By David Diaz

Today, shares of Manpowergroup In (NYSE:MAN) have crossed bearishly below their 10-day moving average of $95.15 on a volume of 125K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Manpowergroup In share prices have been bracketed by a low of $93.47 and a high of $136.93 and are now at $94.85, 1% above that low price. The 200-day and 50-day moving averages have moved 0.15% lower and 1.44% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Manpowergroup In on March 23rd, 2018 by issuing a Downtrend alert when the shares were trading at $114.25. Since that call, shares of Manpowergroup In have fallen 16.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses manpowergroup in

Ticker(s): MAN