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Is MANH likely to continue lower? Lower Bollinger Band Walk shows up after dropping 4.1%

SwingTradeBot Nightly Stock Scan: Manhattan Associates, Inc. (MANH) — Technical Patterns & Alerts · Oct 29, 2025, 17:49 ET
On Wednesday, October 29th, MANH moved down 4.1% while volume increased to 1.5× the usual levels. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 175.71, 173.1 & 168.69, with resistance at 182.73, 187.14 & 189.75. Technical indicators like Slow Stochastic reveal oversold momentum right now.

Current SwingTradeBot Technical Rating of MANH: F

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Manhattan Associates, Inc. (MANH)