MODINE MANUFACTURING CO (MOD) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:MOD • US6078281002
We assign a technical rating of 10 out of 10 to MOD. Both in the recent history as in the last year, MOD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MOD is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by MOD over the past year are nicely spread over this period.
- MOD is one of the better performing stocks in the Building Products industry, it outperforms 97% of 42 stocks in the same industry.
- A new 52 week high is currently being made by MOD, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month MOD has a been trading in the 119.31 - 220.41 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- MOD has an average volume of 1438520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MOD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
91.12
We found 3 important support areas.
- Support @130.65 from a trend line in the weekly time frame.
- Support @124.78 from a trend line in the daily time frame.
- Support @92.04 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MOD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MOD is up. |
| ChartMill Relative Strength | 95.76 | POSITIVE | MOD has a high relative strength, it outperformed 95.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MOD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MOD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.4 | OVERBOUGHT | The high RSI value suggests MOD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 7.36 | POSITIVE | The MACD value suggests MOD has a positive trend. |
| Stochastics (14,3) | 94.4 | OVERBOUGHT | The high Stochastics value suggests MOD may be overbought. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for MOD suggests some volalility. |
| Average Directional Index/ADX (14) | 34.45 | POSITIVE | The high ADX value value for MOD suggests a strong trend. |
215.72
+10.4 (+5.07%)
MODINE MANUFACTURING CO / MOD FAQ
What is the technical rating for MOD stock?
ChartMill assigns a technical rating of 10 / 10 to MOD.
Can you provide the trend direction for MODINE MANUFACTURING CO?
The current trend direction for MODINE MANUFACTURING CO (MOD) is Bullish.
Can you provide the RSI signal for MODINE MANUFACTURING CO?
MODINE MANUFACTURING CO (MOD) has an RSI value of 85.4004. This indicates that the stock is currently overbought.
What is the MACD signal for MODINE MANUFACTURING CO (MOD) stock?
The MACD indicator for MODINE MANUFACTURING CO (MOD) has a value of 7.36343, indicating a bullish trend.
Can you provide the buy/sell signal for MODINE MANUFACTURING CO?
The buy/sell signal for MODINE MANUFACTURING CO (MOD) is buy as both the short term and long term trends are positive.