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Manhattan Assoc Shares Up 79.2% Since SmarTrend's Buy Recommendation (MANH)

By Amy Schwartz

SmarTrend identified an Uptrend for Manhattan Assoc (NASDAQ:MANH) on January 9th, 2019 at $45.10. In approximately 7 months, Manhattan Assoc has returned 79.25% as of today's recent price of $80.84.

Manhattan Assoc share prices have moved between a 52-week high of $89.53 and a 52-week low of $39.01 and are now trading 107% above that low price at $80.84 per share. Over the last five market days, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 1.6%.

Manhattan Associates, Inc. provides information technology solutions for distribution centers. The solutions are designed to enable the efficient movement of goods through the supply chain. The Company's solutions optimize the receipt, storage, and distribution of inventory, as well as manage equipment and personnel within a distribution center.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Manhattan Assoc shares.

Log in and add Manhattan Assoc (MANH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights manhattan assoc

Ticker(s): MANH