MODIVCARE INC (MODV) Technical Analysis
NASDAQ:MODV • US60783X1046
Current stock price
MODV Technical Rating and Analysis
Taking everything into account, MODV scores 0 out of 10 in our technical rating. MODV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than MODV.
- MODV is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, of which 91% are performing better than MODV.
- MODV is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month MODV has a been trading in the 0.40 - 3.09 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- MODV has an average volume of 8251330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MODV Weekly and Daily overview Charts
MODV Setup Rating and Analysis
The technical rating of MODV is bad and it also does not present a 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
MODV Support and Resistance Analysis
MODV 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 MODV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MODV is down. |
| ChartMill Relative Strength | 0.54 | NEGATIVE | MODV has a low relative strength, it was outperformed by 99.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MODV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MODV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MODV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.85 | OVERSOLD | The low RSI value suggests MODV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests MODV has a negative trend. |
| Stochastics (14,3) | 2.81 | OVERSOLD | The low Stochastics value suggests MODV may be oversold. |
| Average True Range in percent/ATR (20) | 79.98 | HIGH VOLATILITY | The high ATR as a percentage value for MODV suggests high volalility. |
| Average Directional Index/ADX (14) | 28.63 | POSITIVE | The high ADX value value for MODV suggests a strong trend. |
MODV Chart- and CandleStick Pattern Analysis
MODV Technicals: Chart, Performance Metrics, Trend & Indicators
0.4319
-0.15 (-25.23%)
MODIVCARE INC / MODV TA FAQ
What is the ChartMill technical rating of MODIVCARE INC (MODV) stock?
ChartMill assigns a technical rating of 0 / 10 to MODV.
What is the trend direction for MODV stock?
The current trend direction for MODIVCARE INC (MODV) is Bearish.
Can you provide the RSI signal for MODIVCARE INC?
MODIVCARE INC (MODV) has an RSI value of 24.8453. This indicates that the stock is currently oversold.
What is the short term momentum for MODIVCARE INC (MODV) stock?
The short term momentum for MODIVCARE INC (MODV) is negative.
Can you provide the buy/sell signal for MODIVCARE INC?
The buy/sell signal for MODIVCARE INC (MODV) is sell as both the short term and long term trends are negative.