MODINE MANUFACTURING CO (MOD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MOD - US6078281002 - Common Stock
We assign a technical rating of 4 out of 10 to MOD. MOD has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
MOD has an average technical rating and it also 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
126.49
We found 3 important support areas.
- Support @136.80 from a trend line in the daily time frame.
- Support @132.01 from a horizontal line in the weekly time frame.
- A support zone ranging from 127.77 to 128.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 142.28 to 143.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @162.88 from a horizontal line in the weekly time frame.
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 MOD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MOD is neutral. |
| ChartMill Relative Strength | 59.49 | NEUTRAL | MOD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MOD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MOD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MOD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.41 | NEUTRAL | The RSI value for MOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.24 | NEGATIVE | The MACD value suggests MOD has a negative trend. |
| Stochastics (14,3) | 39.21 | NEUTRAL | The Stochastics value for MOD is a neutral value. |
| Average True Range in percent/ATR (20) | 7.87 | HIGH VOLATILITY | The high ATR as a percentage value for MOD suggests high volalility. |
| Average Directional Index/ADX (14) | 14.17 | NEGATIVE | The low ADX value for MOD suggests a weak or negative trend. |
142.27
+2.39 (+1.71%)
MODINE MANUFACTURING CO / MOD FAQ
What is the technical rating for MOD stock?
ChartMill assigns a technical rating of 4 / 10 to MOD.
What is the trend direction for MOD stock?
The current trend direction for MODINE MANUFACTURING CO (MOD) is Bullish.
Can you provide the RSI signal for MODINE MANUFACTURING CO?
MODINE MANUFACTURING CO (MOD) has an RSI value of 43.4076. This indicates that the stock is currently neutral.
What are the support and resistance levels for MODINE MANUFACTURING CO (MOD) stock?
MODINE MANUFACTURING CO (MOD) has a support level at 136.8 and a resistance level at 142.28. Check the full technical report for our detailed analysis of MOD support and resistance levels.