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Manhattan Associates, Inc. Breaks Below 200-Day Moving Average - Bearish for MANH

By Market News Video Staff, Thursday, August 18, 12:11 PM ET
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In trading on Thursday, shares of Manhattan Associates, Inc. (NASDAQ:MANH) crossed below their 200 day moving average of $32.94, changing hands as low as $32.07 per share. Manhattan Associates, Inc. shares are currently trading down about 4.8% on the day. The chart below shows the one year performance of MANH shares, versus its 200 day moving average:

Manhattan Associates, Inc. 200 Day Moving Average Chart

Looking at the chart above, MANH's low point in its 52 week range is $25.09 per share, with $39.70 as the 52 week high point — that compares with a last trade of $32.75.

MANH operates in the Application Software sector, among companies like Autodesk Inc. (NASDAQ:ADSK) which is off about 8.2% today, and BMC Software, Inc. (NASDAQ:BMC) trading lower by about 4.7%. Below is a three month price history chart comparing the stock performance of MANH, versus ADSK and BMC.

MANH,ADSK,BMC Relative Performance Chart


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This Article's Word Cloud:   ADSK   Application   Associates   Average   Below   Investment   MANH   Manhattan   Moving   Portfolio   Software   Their   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   history   leads   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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Manhattan Associates, Inc. Breaks Below 200-Day Moving Average - Bearish for MANH | Market News Video | Copyright © 2008 - 2013, All Rights Reserved

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