Manhattan Associates, Inc. ($MANH) vs SharpSpring, Inc. ($SHSP)

2019-08-20 | Welcome! Today we compared how two different stocks in the Computer Software: Prepackaged Software industry are trading: Manhattan Associates, Inc. and SharpSpring, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Manhattan Associates, Inc. opened at 84.76, got to a maximum price of 85.21 and dropped to as low as 83.79 before finishing the session at 84.2. In total there were 253100 shares traded, which is enough to conduct our analysis. Compare that now to SharpSpring, Inc., which opened at 10.62, had a high of 10.82, a low of 10.35, closed at 10.77 and had a total volume of 64500.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Manhattan Associates, Inc. SharpSpring, Inc.
Accumulation-distribution index 537.06556 52.52876
on-balance volume -83.6 -10.42
chaikin money flow

5.31111 3.7
force index

3.46276 1.4097
ease of movement rating

0.01306 0.05217
volume-price trend

19.30584 -2.88429
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Manhattan Associates, Inc. SharpSpring, Inc.
Average true range 0.89906 0.5914
Bolinger bands 84.33853 11.07223
Upper bollinger band 82.64147 8.83777
Lower bollinger band

83.79 10.35
Bollinger high band indicator

nan 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

84.58667 10.59667
High band keltner channel

84.13667 10.39667
Low band keltner channel

85.03667 10.79667
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

83.79 10.35
Donchain channel low band

83.79 10.35
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Manhattan Associates, Inc. SharpSpring, Inc.
Moving Average Convergence Divergence (MACD) trend_macd -0.01772
MACD signal -0.00748 -0.00985
MACD difference -0.00598 -0.00788
fast Exponential Moving Average (EMA) indicator

83.79 10.35
slow Exponential Moving Average (EMA) indicator

83.79 10.35
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.03697 0.4131
trix

14.62175 -18.08605
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

-15.69083 3.8556
KST Oscillator (KST)

230.41149 -271.41394
KST Oscillator (KST Signal)

230.41149 -271.41394
KST difference

-2.20267 -13.90297
Ichimoku rating

84.985 10.72
Ichimoku B rating

84.985 10.72
Ichimoku visual trend A

71.54125 14.33865
Ichimoku visual trend B

75.32977 13.03944
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Manhattan Associates, Inc. SharpSpring, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 24.05545
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

94.17796 -13.88234
stochastic oscillator

315.55556 235.0
stochastic oscillator signal

315.55556 235.0
Williams %R rating

215.55556 135.0
awesome oscillator

-0.1335 -0.07199

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Manhattan Associates, Inc. and SharpSpring, Inc..

Daily return 23.04115 -27.14139
Daily log return -0.71865 -7.93988
Cumulative return -0.71608 -7.63285

So there you have it: our deep, grueling analysis comparing Manhattan Associates, Inc. and SharpSpring, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Manhattan Associates, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether MANH is strong or weak. Again – this is not a reliable indication of whether Manhattan Associates, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with SharpSpring, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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