MODV Technical Analysis - MODIVCARE INC

Technical Rating and Analysis

Overall MODV gets a technical rating of 0 out of 10. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, MODV is a bad performer in the overall market: 100% of all stocks are doing better.

MODV is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, of which 92% 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.43

0.44

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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.