• Return to Headlines

Manpowergroup In Crosses Above its 10-day MA (MAN)

By Shiri Gupta

Today, shares of Manpowergroup In (NYSE:MAN) have advanced above their 10-day MA of $55.03 on a volume of 187K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Manpowergroup In has traded in a range of $49.57 to $100.99 and is now at $55.63, 12% above that low. The 200-day and 50-day moving averages have moved 0.83% lower and 4.23% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Manpowergroup In on March 19th, 2020 by issuing a Downtrend alert when the shares were trading at $66.44. Since that call, shares of Manpowergroup In have fallen 16.3%. 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