TOPGOLF CALLAWAY BRANDS CORP (MODG) Technical Analysis
NYSE:MODG • US1311931042
Current stock price
MODG Technical Rating and Analysis
Taking everything into account, MODG scores 10 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MODG is one of the better performing stocks in the market, outperforming 95% of all stocks.
- MODG is one of the better performing stocks in the Leisure Products industry, it outperforms 100% of 31 stocks in the same industry.
- MODG is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MODG has a been trading in the 11.29 - 15.02 range, which is quite wide. It is currently trading near the high of this range.
- MODG has an average volume of 3114080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MODG Weekly and Daily overview Charts
MODG Setup Rating and Analysis
Although MODG has an excellent technical rating, it 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
MODG Support and Resistance Analysis
8.12
When analyzing the support we can see 4 important areas.
- Support @12.49 from a trend line in the daily time frame.
- A support zone ranging from 11.89 to 11.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.43 from a trend line in the weekly time frame.
- Support @8.20 from a horizontal line in the daily time frame.
MODG 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 | 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 | 95 | POSITIVE | MODG has a high relative strength, it outperformed 95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MODG is above the rising 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) | 78.75 | OVERBOUGHT | The high RSI value suggests MODG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests MODG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.76 | OVERBOUGHT | The high Stochastics value suggests MODG may be overbought. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for MODG suggests some volalility. |
| Average Directional Index/ADX (14) | 32.08 | POSITIVE | The high ADX value value for MODG suggests a strong trend. |
MODG Chart- and CandleStick Pattern Analysis
MODG Technicals: Chart, Performance Metrics, Trend & Indicators
14.68
+0.08 (+0.55%)
TOPGOLF CALLAWAY BRANDS CORP / MODG TA FAQ
What is the technical rating for MODG stock?
ChartMill assigns a technical rating of 10 / 10 to MODG.
Can you provide the trend direction for TOPGOLF CALLAWAY BRANDS CORP?
The current trend direction for TOPGOLF CALLAWAY BRANDS CORP (MODG) is Bullish.
What is the RSI signal for MODG stock?
TOPGOLF CALLAWAY BRANDS CORP (MODG) has an RSI value of 78.7494. This indicates that the stock is currently overbought.
What is the buy/sell signal for MODG stock?
The buy/sell signal for TOPGOLF CALLAWAY BRANDS CORP (MODG) is buy as both the short term and long term trends are positive.
What is the support and resistance level for MODG stock?
TOPGOLF CALLAWAY BRANDS CORP (MODG) has a support level at 12.49. Check the full technical report for our detailed analysis of MODG support and resistance levels.