MODULAR MEDICAL INC (MODD) Technical Analysis
NASDAQ:MODD • US60785L2079
Current stock price
4.925 USD
-0.08 (-1.5%)
At close:
5.3 USD
+0.38 (+7.61%)
After Hours:
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than MODD.
- MODD is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 88% 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- MODD has an average volume of 1009620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MODD has a been trading in the 4.20 - 6.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
MODD Weekly and Daily overview Charts
MODD Setup Rating and Analysis
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. We notice that large players showed an interest for MODD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MODD Support and Resistance Analysis
4.45
8.23
We found 1 important support area.
- Support @4.49 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.93 to 4.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.08 to 5.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.72 from a trend line in the daily time frame.
- Resistance @8.15 from a trend line in the weekly time frame.
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 | 1.47 | NEGATIVE | MODD has a low relative strength, it was outperformed by 98.53% 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) | 41.49 | NEUTRAL | The RSI value for MODD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests MODD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.17 | NEUTRAL | The Stochastics value for MODD is a neutral value. |
| Average True Range in percent/ATR (20) | 14.54 | HIGH VOLATILITY | The high ATR as a percentage value for MODD suggests high volalility. |
| Average Directional Index/ADX (14) | 18.39 | NEGATIVE | The low ADX value for MODD suggests a weak or negative trend. |
MODD Chart- and CandleStick Pattern Analysis
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)
MODD Technicals: Chart, Performance Metrics, Trend & Indicators
4.925
-0.08 (-1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.5%
1 Week5.24%
2 Weeks-3.43%
1 Month-4.11%
3 Month-64.82%
6 Month-70.22%
12 Month-82.35%
2 Year-89.51%
3 Year-91.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%14.54%
ATR Inc-42.08%
Range Today0.41
ADR(20)0.69
ADR(20)%13.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.47
3 months CRS1.76
6 months CRS3.81
Mansfield-7.34
10 Day High5.91
10 Day Low4.41
20 Day High6.16
20 Day Low4.2
52 Week High34.5
52 Week Low3.55
CS1 End4.49
CR1 Start4.93
Volume & EV
DER(3)3.32%
DER(5)2.72%
Volume24.30K
Volume Incr-92.5%
Vol(5)49.23K
Vol(50)1.01M
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 MODD stock?
MODULAR MEDICAL INC (MODD) has an RSI value of 41.4889. This indicates that the stock is currently neutral.
What is the MACD signal for MODD stock?
The MACD indicator for MODULAR MEDICAL INC (MODD) has a value of 0.205265, indicating a bearish trend.
Can you provide the short term momentum for MODULAR MEDICAL INC?
The short term momentum for MODULAR MEDICAL INC (MODD) is negative.