MODULAR MEDICAL INC (MODD) Stock Technical Analysis
USA - NASDAQ:MODD - US60785L2079 - Common Stock
0.727 USD
-0.03 (-4.48%)
0.72 USD
-0.01 (-0.96%)
We assign a technical rating of 2 out of 10 to MODD. In the past year, MODD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
94% of all other stocks performed better in the past year than MODD.
MODD is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, of which 69% are performing better than MODD.
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.
In the last month MODD has a been trading in the 0.65 - 1.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
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 a support zone below the current price at 0.70, a Stop Loss order could be placed below this zone. 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
0.67
0.78
We found 1 important support area.
- A support zone ranging from 0.68 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for MODD is neutral. |
| ChartMill Relative Strength | 6.3 | NEGATIVE | MODD has a low relative strength, it was outperformed by 93.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MODD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MODD is above the rising 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) | 50.2 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 24.78 | NEUTRAL | The Stochastics value for MODD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.69 | HIGH VOLATILITY | The high ATR as a percentage value for MODD suggests high volalility. |
| Average Directional Index/ADX (14) | 23.37 | NEUTRAL | The ADX value for MODD suggests a possible start of a new trend. |
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)
0.727
-0.03 (-4.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-4.48%
1 Week-2.77%
2 Weeks-2.46%
1 Month0.97%
3 Month7.08%
6 Month-33.91%
12 Month-68.11%
2 Year-37.33%
3 Year-82.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.69%
ATR Inc-9.86%
Range Today0.06
ADR(20)0.06
ADR(20)%8.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.3
Mansfield-4.45
10 Day High1
10 Day Low0.65
20 Day High1
20 Day Low0.65
52 Week High2.4
52 Week Low0.63
CS1 End0.7
CR1 Start0.77
Volume & EV
DER(3)8.83%
DER(5)1.81%
Volume434.60K
Volume Incr-58.93%
Vol(5)470.22K
Vol(50)549.82K