NASDAQ:MODV - Nasdaq - US60783X1046 - Common Stock - Currency: USD
Taking everything into account, MODV scores 3 out of 10 in our technical rating. MODV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, MODV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
2.86
2 important support areas can be observed.
When analyzing the resistance we notice 5 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for MODV is neutral. |
ChartMill Relative Strength | 60.48 | NEUTRAL | MODV is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of MODV is above the rising 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) | 48.87 | NEUTRAL | The RSI value for MODV is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MODV has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 17.81 | OVERSOLD | The low Stochastics value suggests MODV may be oversold. |
Average True Range in percent/ATR (20) | 11.06 | HIGH VOLATILITY | The high ATR as a percentage value for MODV suggests high volalility. |
Average Directional Index/ADX (14) | 30.86 | POSITIVE | The high ADX value value for MODV suggests a strong trend. |
3.04
-0.01 (-0.33%)