MODULAR MEDICAL INC (MODD)

US60785L2079 - Common Stock

1.835  -0.1 (-5.41%)

Technical Rating and Analysis

3

Overall MODD gets a technical rating of 3 out of 10. Although MODD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month MODD has a been trading in the 1.85 - 2.37 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.
Looking at the yearly performance, MODD did better than 84% of all other stocks.
MODD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 80% of 188 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MODD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MODD is lagging the market.
Weekly and Daily overview Charts
MODD Weekly chart
MODD Daily chart
Setup Rating and Analysis

3

The technical rating of MODD 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.

Support and Resistance Analysis

1.59

2.35

When analyzing the support we notice one important area.

  • A support zone ranging from 1.61 to 1.61. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 2.08 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 2.18 to 2.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.33 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.91
Mansfield-0.39
10 Day High2.34
10 Day Low1.85
20 Day High2.37
20 Day Low1.85
52 Week High2.65
52 Week Low1.08
Performance
1 Week-9.35%
2 Weeks-12.61%
1 Month-13.78%
3 Month10.23%
6 Month22.01%
12 Month49.81%
2 Year-37.62%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)30.85
LBB1.98
UBB2.35
MODD Daily chart

MODULAR MEDICAL INC

NASDAQ:MODD (11/22/2024, 10:53:52 AM)

1.835

-0.1 (-5.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-5.41%
1 Week-9.35%
2 Weeks-12.61%
1 Month-13.78%
3 Month10.23%
6 Month22.01%
12 Month49.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%6.21%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.34
10 Day Low1.85
20 Day High2.37
20 Day Low1.85
52 Week High2.65
52 Week Low1.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume473.48K
Volume Incr98.78%
Vol(5)188.08K
Vol(50)186.79K