MODINE MANUFACTURING CO (MOD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MOD - US6078281002 - Common Stock
Overall MOD gets a technical rating of 1 out of 10. MOD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of MOD is bad and it also does not present a quality setup 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.
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126.49
When analyzing the support we can see 2 important areas.
- Support @132.01 from a horizontal line in the weekly time frame.
- A support zone ranging from 127.77 to 128.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @162.07 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for MOD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MOD is down. |
| ChartMill Relative Strength | 47.5 | NEUTRAL | MOD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MOD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MOD is below a declining 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) | 42.24 | NEUTRAL | The RSI value for MOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.85 | NEGATIVE | The MACD value suggests MOD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.95 | OVERSOLD | The low Stochastics value suggests MOD may be oversold. |
| Average True Range in percent/ATR (20) | 7.56 | HIGH VOLATILITY | The high ATR as a percentage value for MOD suggests high volalility. |
| Average Directional Index/ADX (14) | 17.74 | NEGATIVE | The low ADX value for MOD suggests a weak or negative trend. |
136.16
+2.24 (+1.67%)
MODINE MANUFACTURING CO / MOD FAQ
What is the technical rating for MOD stock?
ChartMill assigns a technical rating of 1 / 10 to MOD.
What is the trend direction for MOD stock?
The current trend direction for MODINE MANUFACTURING CO (MOD) is Bearish.
Can you provide the RSI signal for MODINE MANUFACTURING CO?
MODINE MANUFACTURING CO (MOD) has an RSI value of 42.2398. This indicates that the stock is currently neutral.
What are the support and resistance levels for MODINE MANUFACTURING CO (MOD) stock?
MODINE MANUFACTURING CO (MOD) has a support level at 132.01 and a resistance level at 162.07. Check the full technical report for our detailed analysis of MOD support and resistance levels.