USA - NASDAQ:MODD - US60785L2079 - Common Stock
We assign a technical rating of 0 out of 10 to MODD. MODD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MODD has a bad technical rating, but it does show 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.
0.53
4 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for MODD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MODD is down. |
| ChartMill Relative Strength | 3.92 | NEGATIVE | MODD has a low relative strength, it was outperformed by 96.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MODD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MODD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MODD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.63 | NEUTRAL | The RSI value for MODD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MODD has a positive trend. |
| Stochastics (14,3) | 24 | NEUTRAL | The Stochastics value for MODD is a neutral value. |
| Average True Range in percent/ATR (20) | 10.84 | HIGH VOLATILITY | The high ATR as a percentage value for MODD suggests high volalility. |
| Average Directional Index/ADX (14) | 13.16 | NEGATIVE | The low ADX value for MODD suggests a weak or negative trend. |
0.5333
+0.05 (+11.22%)
ChartMill assigns a technical rating of 0 / 10 to MODD.
The current trend direction for MODULAR MEDICAL INC (MODD) is Bearish.
MODULAR MEDICAL INC (MODD) has an RSI value of 45.6312. This indicates that the stock is currently neutral.
The buy/sell signal for MODULAR MEDICAL INC (MODD) is sell as both the short term and long term trends are negative.
MODULAR MEDICAL INC (MODD) has a resistance level at 0.57. Check the full technical report for our detailed analysis of MODD support and resistance levels.