• Return to Headlines

Manhattan Assoc Bullish Moving Average Crossover Alert (MANH)

By Nick Russo

Today, shares of Manhattan Assoc (NASDAQ:MANH) have advanced above their 10-day MA of $50.35 on a volume of 115K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Manhattan Assoc share prices have been bracketed by a low of $35.20 and a high of $90.46 and are now at $52.75, 50% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 5.2% while the 200-day MA has slid 0.6%.

SmarTrend is monitoring the recent change of momentum in Manhattan Assoc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Manhattan Assoc in search of a potential trend change.

Keywords: moving crosses manhattan assoc

Ticker(s): MANH