Technical Analysis of MNSO

Technical Analysis of MNSO 2024-05-31


In analyzing the technical indicators for MNSO over the last 5 days, we will delve into the trend, momentum, volatility, and volume indicators to provide a comprehensive outlook on the possible stock price movement. By examining these key factors, we aim to offer valuable insights and predictions for the upcoming days.

Trend Analysis:

  • Moving Averages (MA): The 5-day MA has been fluctuating around the closing prices, indicating short-term price trends. The SMA(10) and EMA(20) have shown a slight decline, suggesting a weakening trend.
  • MACD: The MACD line has been consistently below the signal line, indicating a bearish trend. However, the MACD histogram has shown some signs of convergence, hinting at a potential reversal.

Momentum Analysis:

  • RSI: The RSI has been hovering around the neutral zone, indicating a lack of strong momentum in either direction.
  • Stochastic Oscillator: Both %K and %D have been fluctuating, showing indecision in the market sentiment.
  • Williams %R: The indicator has been in oversold territory, suggesting a potential buying opportunity.

Volatility Analysis:

  • Bollinger Bands (BB): The bands have been narrowing, indicating decreasing volatility. The price has been trading within the bands, suggesting a period of consolidation.
  • Bollinger %B: The %B indicator has been relatively stable, indicating a balanced market sentiment.

Volume Analysis:

  • On-Balance Volume (OBV): The OBV has shown a slight increase, suggesting some accumulation by investors.
  • Chaikin Money Flow (CMF): The CMF has been positive, indicating buying pressure in the market.

Key Observations:

  • The trend indicators suggest a weakening trend with a potential for a reversal.
  • Momentum indicators show a lack of strong momentum in either direction.
  • Volatility indicators point towards a period of consolidation with decreasing volatility.
  • Volume indicators indicate some accumulation and buying pressure in the market.


Based on the analysis of the technical indicators, the next few days for MNSO are likely to see sideways movement with a potential for a bullish reversal. Traders should closely monitor the MACD for a bullish crossover and the Stochastic %K and %D for confirmation of a trend reversal. Additionally, keeping an eye on the RSI for any signs of strengthening momentum will be crucial. Overall, the stock is poised for a potential uptick in the coming days, but caution is advised due to the current market indecision.