RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MAN
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ManpowerGroup stock upgraded to Hold/Accumulate.
(Updated on Jul 19, 2024)

Hold candidate since Jul 19, 2024 PDF

The ManpowerGroup stock price fell by -2.59% on the last day (Friday, 19th Jul 2024) from $73.34 to $71.44. During the last trading day the stock fluctuated 3.60% from a day low at $70.79 to a day high of $73.34. The price has risen in 7 of the last 10 days and is up by 4.03% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -267 thousand shares and in total, 484 thousand shares were bought and sold for approximately $34.58 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.01% during the next 3 months and, with a 90% probability hold a price between $58.66 and $66.52 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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MAN Signals & Forecast

The ManpowerGroup stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $71.49. On a fall, the stock will find some support from the long-term average at approximately $71.23. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 17, 2024, and so far it has fallen -3.71%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for ManpowerGroup stock

ManpowerGroup finds support from accumulated volume at $70.86 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.55 between high and low, or 3.60%. For the last week, the stock has had daily average volatility of 4.20%.

Our recommended stop-loss: $68.00 (-4.81%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 8 days ago.)

Trading Expectations (MAN) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect ManpowerGroup to open at $71.86, and during the day (based on 14 day Average True Range), to move between $69.36 and $73.52, which gives a possible trading interval of +/-$2.08 (+/-2.91%) up or down from last closing price. If ManpowerGroup takes out the full calculated possible swing range there will be an estimated 5.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $70.86 (0.81%) than the resistance at $72.40 (1.34%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ManpowerGroup stock A Buy?

ManpowerGroup holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.179 Hold/Accumulate Upgraded

Predicted Opening Price for ManpowerGroup of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$71.86 ( 0.583%) $71.44

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MAN

Fibonacci Support & Resistance Levels

Level Price
R3 74.41 4.15%
R2 73.43 2.79%
R1 72.83 1.95%
Price 71.44
S1 70.88 -0.780%
S2 70.28 -1.62%
S3 69.31 -2.99%

Accumulated Volume Support & Resistance Levels

Level Price
R3 74.19 3.85%
R2 73.34 2.66%
R1 72.40 1.34%
Price 71.44
S1 70.86 -0.81%
S2 70.23 -1.69%
S3 66.26 -7.25%

MAN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 03, 2024 Jun 03, 2024 Jun 14, 2024 $1.54 2.14%
2 Nov 10, 2023 Nov 30, 2023 Dec 15, 2023 $1.47 1.86%
3 May 05, 2023 May 31, 2023 Jun 15, 2023 $1.47 1.93%
4 Nov 11, 2022 Nov 30, 2022 Dec 15, 2022 $1.36 1.62%
5 May 06, 2022 May 31, 2022 Jun 15, 2022 $1.36 1.71%

FAQ

What is the symbol for ManpowerGroup Stock and on which exchange is it traded?
The symbol for ManpowerGroup is MAN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell ManpowerGroup Stock?
ManpowerGroup holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy ManpowerGroup Stock?
ManpowerGroup Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ManpowerGroup Stock.

What's the current price of ManpowerGroup Stock?
As of the end of day on the Jul 19, 2024, the price of an ManpowerGroup (MAN) share was $71.44.

What is the 52-week high and low for ManpowerGroup Stock?
The 52-week high for ManpowerGroup Stock is $86.00 and the 52-week low is $66.03.

What is the market capitalization of ManpowerGroup Stock?
As of the Jul 19, 2024, the market capitalization of ManpowerGroup is 3.408B.

When is the next earnings date for ManpowerGroup?
The upcoming earnings date for ManpowerGroup is Oct 17, 2024.
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About ManpowerGroup

ManpowerGroup ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career manag... MAN Profile

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