TOPGOLF CALLAWAY BRANDS CORP (MODG) Stock Technical Analysis
NYSE:MODG - US1311931042 - Common Stock
9.76 USD
+0.47 (+5.06%)
9.76 USD
0 (0%)
Taking everything into account, MODG scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, MODG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
MODG is part of the Leisure Products industry. There are 31 other stocks in this industry. MODG outperforms 76% of them.
In the last month MODG has a been trading in the 8.00 - 10.24 range, which is quite wide. It is currently trading near the high of this range.
MODG has an average volume of 2845770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MODG is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
MODG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MODG is lagging the market.
Besides having an excellent technical rating, MODG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.90. Right above this resistance zone may be a good entry point.
More info and screens
8.04
10.10
4 important support areas can be observed.
- A support zone ranging from 9.25 to 9.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.62 to 8.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.29 from a trend line in the daily time frame.
- Support @8.12 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.90 to 10.00. 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 | UP | POSITIVE | The long term trend for MODG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MODG is up. |
| ChartMill Relative Strength | 81.36 | POSITIVE | MODG has a high relative strength, it outperformed 81.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MODG is above 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) | DOWN | MIXED | The current price of MODG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.24 | NEUTRAL | The RSI value for MODG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MODG has a positive trend. |
| Stochastics (14,3) | 66.07 | NEUTRAL | The Stochastics value for MODG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.47 | HIGH VOLATILITY | The high ATR as a percentage value for MODG suggests high volalility. |
| Average Directional Index/ADX (14) | 21.55 | NEUTRAL | The ADX value for MODG 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)
9.76
+0.47 (+5.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg5.06%
1 Week-1.01%
2 Weeks13.49%
1 Month-1.31%
3 Month56.16%
6 Month39.23%
12 Month-12.86%
2 Year-44.04%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%6.47%
ATR Inc-37.96%
Range Today0.58
ADR(20)0.6
ADR(20)%6.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.36
Mansfield0.8
10 Day High10.11
10 Day Low8
20 Day High10.24
20 Day Low8
52 Week High11.45
52 Week Low5.42
CS1 End9.28
CR1 Start9.9
Volume & EV
DER(3)-1.11%
DER(5)-0.35%
Volume2.39M
Volume Incr-25.14%
Vol(5)2.42M
Vol(50)2.85M