MODINE MANUFACTURING CO (MOD) Technical Analysis
NYSE:MOD • US6078281002
Current stock price
MOD Technical Rating and Analysis
Taking everything into account, MOD scores 10 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that MOD is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, MOD also shows a nice and consistent pattern of rising prices.
- MOD is part of the Building Products industry. There are 42 other stocks in this industry. MOD outperforms 97% of them.
- MOD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MOD is performing more or less in line with the market.
- MOD has an average volume of 1333570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MOD has a been trading in the 180.82 - 235.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MOD Weekly and Daily overview Charts
MOD Setup Rating and Analysis
MOD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 206.60, a Stop Loss order could be placed below this zone.
More info and screens
MOD Support and Resistance Analysis
91.12
When analyzing the support we can see 5 important areas.
- A support zone ranging from 204.41 to 206.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 187.28 to 187.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @141.66 from a trend line in the weekly time frame.
- Support @134.02 from a trend line in the daily time frame.
- Support @92.04 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @238.51 from a horizontal line in the daily time frame.
MOD Technical Indicator Signal Analysis
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 | 97.22 | POSITIVE | MOD has a high relative strength, it outperformed 97.22% 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) | 55.16 | NEUTRAL | The RSI value for MOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests MOD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.74 | NEUTRAL | The Stochastics value for MOD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for MOD suggests high volalility. |
| Average Directional Index/ADX (14) | 16.43 | NEGATIVE | The low ADX value for MOD suggests a weak or negative trend. |
MOD Chart- and CandleStick Pattern Analysis
MOD Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 238.52 | 204.40 | 34.12 (14.30%) | 6.99% |
| An entry @238.52. This is a Buy Stop order right above the resistance zone. | An exit @204.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 34.12 points, which is 14.30%. | For a 1.00% total portfolio risk, you can invest 6.99% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MOD Technicals: Chart, Performance Metrics, Trend & Indicators
219.32
-3.65 (-1.64%)
MODINE MANUFACTURING CO / MOD TA FAQ
What is the technical rating for MOD stock?
ChartMill assigns a technical rating of 10 / 10 to MOD.
What is the current trend direction of MODINE MANUFACTURING CO (MOD) stock?
The current trend direction for MODINE MANUFACTURING CO (MOD) is Bullish.
What is the RSI signal for MOD stock?
MODINE MANUFACTURING CO (MOD) has an RSI value of 55.1584. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MODINE MANUFACTURING CO?
The short term momentum for MODINE MANUFACTURING CO (MOD) is positive.
What is the support and resistance level for MOD stock?
MODINE MANUFACTURING CO (MOD) has a support level at 206.6 and a resistance level at 238.51. Check the full technical report for our detailed analysis of MOD support and resistance levels.