TOPGOLF CALLAWAY BRANDS CORP (MODG) Stock Technical Analysis
USA - NYSE:MODG - US1311931042 - Common Stock
We assign a technical rating of 6 out of 10 to MODG. MODG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
MODG has an average technical rating and it also does not offer a high quality setup 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
8.12
When analyzing the support we can see 5 important areas.
- Support @9.16 from a trend line in the daily time frame.
- Support @8.83 from a trend line in the weekly time frame.
- Support @8.59 from a trend line in the daily time frame.
- A support zone ranging from 8.38 to 8.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.20 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for MODG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MODG is neutral. |
| ChartMill Relative Strength | 74.9 | POSITIVE | MODG has a high relative strength, it outperformed 74.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MODG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MODG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MODG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.31 | NEUTRAL | The RSI value for MODG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MODG has a negative trend. |
| Stochastics (14,3) | 37.49 | NEUTRAL | The Stochastics value for MODG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.78 | HIGH VOLATILITY | The high ATR as a percentage value for MODG suggests high volalility. |
| Average Directional Index/ADX (14) | 22.77 | NEUTRAL | The ADX value for MODG suggests a possible start of a new trend. |
9.73
+0.37 (+3.95%)
TOPGOLF CALLAWAY BRANDS CORP / MODG FAQ
What is the technical rating for MODG stock?
ChartMill assigns a technical rating of 5 / 10 to MODG.
What is the trend direction for MODG stock?
The current trend direction for TOPGOLF CALLAWAY BRANDS CORP (MODG) is Bullish.
Can you provide the RSI signal for TOPGOLF CALLAWAY BRANDS CORP?
TOPGOLF CALLAWAY BRANDS CORP (MODG) has an RSI value of 48.3138. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TOPGOLF CALLAWAY BRANDS CORP?
The MACD indicator for TOPGOLF CALLAWAY BRANDS CORP (MODG) has a value of -0.0413364, indicating a bearish trend.
What are the support and resistance levels for TOPGOLF CALLAWAY BRANDS CORP (MODG) stock?
TOPGOLF CALLAWAY BRANDS CORP (MODG) has a support level at 9.14. Check the full technical report for our detailed analysis of MODG support and resistance levels.