MODINE MANUFACTURING CO (MOD) Stock Technical Analysis
NYSE:MOD - US6078281002 - Common Stock
138.12 USD
-2.25 (-1.6%)
138.12 USD
0 (0%)
Overall MOD gets a technical rating of 9 out of 10. 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!
MOD is part of the Automobile Components industry. There are 80 other stocks in this industry. MOD outperforms 75% of them.
MOD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
MOD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
MOD has an average volume of 1116940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MOD is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
MOD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 143.22. Right above this resistance zone may be a good entry point.
More info and screens
77.98
144.66
5 important support areas can be observed.
- A support zone ranging from 134.88 to 135.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @102.83 from a trend line in the weekly time frame.
- Support @100.38 from a trend line in the daily time frame.
- Support @88.79 from a horizontal line in the daily time frame.
- Support @78.77 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 143.22 to 143.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 87.72 | POSITIVE | MOD has a high relative strength, it outperformed 87.72% 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) | 64.37 | NEUTRAL | The RSI value for MOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.2 | NEGATIVE | The MACD value suggests MOD has a negative trend. |
| Stochastics (14,3) | 45.6 | NEUTRAL | The Stochastics value for MOD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for MOD suggests some volalility. |
| Average Directional Index/ADX (14) | 39.16 | POSITIVE | The high ADX value value for MOD suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
138.12
-2.25 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.6%
1 Week-0.97%
2 Weeks3.03%
1 Month30.91%
3 Month52.11%
6 Month63.34%
12 Month13.63%
2 Year190.23%
3 Year822.03%
5 Year1940.18%
10 Year1455.41%
15 Year1289.54%
Volatility
ATR(14)5.06
ATR(20)%4.77%
ATR Inc11.07%
Range Today3.34
ADR(20)5.77
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.72
Mansfield1.6
10 Day High145.3
10 Day Low131.5
20 Day High145.3
20 Day Low107.27
52 Week High146.84
52 Week Low64.79
CS1 End135.09
CR1 Start143.22
Volume & EV
DER(3)0.6%
DER(5)0.74%
Volume533.40K
Volume Incr-55.13%
Vol(5)601.88K
Vol(50)1.12M