MODULAR MEDICAL INC (MODD) Technical Analysis
NASDAQ:MODD • US60785L2079
Current stock price
MODD Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MODD is a bad performer in the overall market: 98% of all stocks are doing better.
- MODD is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 83% of 187 stocks in the same industry do better.
- MODD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MODD is lagging the market.
- In the last month MODD has a been trading in the 0.12 - 0.52 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
MODD Weekly and Daily overview Charts
MODD Setup Rating and Analysis
MODD has a poor technical rating and the quality of the setup is also not perfect 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
MODD Support and Resistance Analysis
MODD 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 | 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 | 2.79 | NEGATIVE | MODD has a low relative strength, it was outperformed by 97.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MODD is below 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) | 27.99 | OVERSOLD | The low RSI value suggests MODD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MODD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.48 | NEUTRAL | The Stochastics value for MODD is a neutral value. |
| Average True Range in percent/ATR (20) | 29.59 | HIGH VOLATILITY | The high ATR as a percentage value for MODD suggests high volalility. |
| Average Directional Index/ADX (14) | 26.22 | POSITIVE | The high ADX value value for MODD suggests a strong trend. |
MODD Chart- and CandleStick Pattern Analysis
MODD Technicals: Chart, Performance Metrics, Trend & Indicators
0.1832
-0.01 (-4.63%)
MODULAR MEDICAL INC / MODD TA FAQ
What is the ChartMill technical rating of MODULAR MEDICAL INC (MODD) stock?
ChartMill assigns a technical rating of 0 / 10 to MODD.
Can you provide the trend direction for MODULAR MEDICAL INC?
The current trend direction for MODULAR MEDICAL INC (MODD) is Bearish.
What is the RSI signal for MODULAR MEDICAL INC (MODD) stock?
MODULAR MEDICAL INC (MODD) has an RSI value of 27.9917. This indicates that the stock is currently oversold.
Can you provide the short term momentum for MODULAR MEDICAL INC?
The short term momentum for MODULAR MEDICAL INC (MODD) is negative.