MODULAR MEDICAL INC (MODD) Technical Analysis
NASDAQ:MODD • US60785L2079
Current stock price
MODD Technical Rating and Analysis
Overall MODD gets a technical rating of 0 out of 10. 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 188 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.
- In the last month MODD has a been trading in the 4.20 - 7.80 range, which is quite wide. It is currently trading near the lows of this range.
- MODD has an average volume of 1036610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
MODD Support and Resistance Analysis
4.86
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.02 to 5.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.52 to 5.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.62 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 | 1.63 | NEGATIVE | MODD has a low relative strength, it was outperformed by 98.37% 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) | 35.33 | 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) | 35.93 | NEUTRAL | The Stochastics value for MODD is a neutral value. |
| Average True Range in percent/ATR (20) | 16.63 | HIGH VOLATILITY | The high ATR as a percentage value for MODD suggests high volalility. |
| Average Directional Index/ADX (14) | 21.53 | NEUTRAL | The ADX value for MODD suggests a possible start of a new trend. |
MODD Chart- and CandleStick Pattern Analysis
MODD Technicals: Chart, Performance Metrics, Trend & Indicators
4.91
-0.11 (-2.19%)
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 35.3255. 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 0.212089, 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.