How the price action of Mantech International (MANT) is used to our Advantage

January 26, 2022, 15:00 pm ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Mantech International (NASDAQ: MANT) data table below can help you with price action, and we have more details too. Trading plans for MANT are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for MANT

• Buy MANT slightly over 70.03 target 76.32 stop loss @ 69.83 Details

The technical summary data tells us to buy MANT near 70.03 with an upside target of 76.32. This data also tells us to set a stop loss @ 69.83 to protect against excessive loss in case the stock begins to move against the trade. 70.03 is the first level of support below 75.97 , and by rule, any test of support is a buy signal. In this case, support 70.03 would be being tested, so a buy signal would exist.

• Short MANT under 76.32, target 70.03, stop loss @ 76.54 Details

The technical summary data is suggesting a short of MANT as it gets near 76.32 with a downside target of 70.03. We should have a stop loss in place at 76.54though. 76.32 is the first level of resistance above 75.97, and by rule, any test of resistance is a short signal. In this case, if resistance 76.32 is being tested, so a short signal would exist.

Swing Trading Plans for MANT

• Buy MANT slightly over 76.32, target 82.77, Stop Loss @ 76.1 Details

If 76.32 begins to break higher, the technical summary data tells us to buy MANT just slightly over 76.32, with an upside target of 82.77. The data also tells us to set a stop loss @ 76.1 in case the stock turns against the trade. 76.32 is the first level of resistance above 75.97, and by rule, any break above resistance is a buy signal. In this case, 76.32, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MANT near 76.32, target 74.92, Stop Loss @ 76.54. Details

The technical summary data is suggesting a short of MANT if it tests 76.32 with a downside target of 74.92. We should have a stop loss in place at 76.54 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 76.32, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for MANT

• Buy MANT slightly over 76.32, target 82.77, Stop Loss @ 76.14 Details

If 76.32 begins to break higher, the technical summary data tells us to buy MANT just slightly over 76.32, with an upside target of 82.77. The data also tells us to set a stop loss @ 76.14 in case the stock turns against the trade. 76.32 is the first level of resistance above 75.97, and by rule, any break above resistance is a buy signal. In this case, 76.32, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MANT near 76.32, target 74.92, Stop Loss @ 76.5. Details

The technical summary data is suggesting a short of MANT if it tests 76.32 with a downside target of 74.92. We should have a stop loss in place at 76.5 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 76.32, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

MANT Ratings for January 26:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Weak
P1	0	0	70.03
P2	72.98	72.81	76.32
P3	74.76	74.92	82.77

Support and Resistance Plot Chart for MANT

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