NYSE:MODN - New York Stock Exchange, Inc. - US6075251024 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to MODN. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MODN is a bad performer.
MODN has an average technical rating and also the quality of the setup is only medium 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.
26.02
3 important support areas can be observed.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
30.02 | 29.88 | 0.14 (0.47%) | 25.00% |
An entry @30.02. This is a Buy Stop order right above the resistance zone. | An exit @29.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 0.47%. | For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade. |
30
+0.03 (+0.1%)