• Return to Headlines

Manhattan Assoc Down 5.4% Since SmarTrend Downtrend Call (MANH)

By David Diaz

SmarTrend identified a Downtrend for Manhattan Assoc (NASDAQ:MANH) on February 7th, 2020 at $77.42. In approximately 3 weeks, Manhattan Assoc has returned 5.43% as of today's recent price of $73.21.

Manhattan Assoc share prices have moved between a 52-week high of $90.46 and a 52-week low of $40.83 and are now trading 79% above that low price at $73.21 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has remained constant.

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 changes in momentum for shares of Manhattan Assoc.

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