MODULAR MEDICAL INC (MODD)

US60785L2079 - Common Stock

2.25  0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to MODD. Both in the recent history as in the last year, MODD has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MODD is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by MODD over the past year are nicely spread over this period.
MODD is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. MODD outperforms 93% of them.
MODD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MODD is lagging the market slightly.
In the last month MODD has a been trading in the 1.66 - 2.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MODD Weekly chart
MODD Daily chart
Setup Rating and Analysis

3

Although MODD has an excellent technical rating, it does not present a decent entry opportunity 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

1.39

2.36

6 important support areas can be observed.

  • A support zone ranging from 2.22 to 2.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2.01 to 2.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 1.74 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @1.66 from a horizontal line in the daily time frame.
  • A support zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.40 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 2.34 to 2.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS96.84
Mansfield2.55
10 Day High2.65
10 Day Low2.02
20 Day High2.65
20 Day Low1.66
52 Week High2.65
52 Week Low0.92
Performance
1 Week7.14%
2 Weeks14.97%
1 Month31.58%
3 Month52.03%
6 Month15.38%
12 Month93.97%
2 Year-45.39%
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)0.02
RSI(14)66.66
LBB1.77
UBB2.47
MODD Daily chart

MODULAR MEDICAL INC

NASDAQ:MODD (9/19/2024, 11:03:26 AM)

2.25

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0%
1 Week7.14%
2 Weeks14.97%
1 Month31.58%
3 Month52.03%
6 Month15.38%
12 Month93.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%7.69%
ATR Inc
Range Today0.07
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 High2.65
10 Day Low2.02
20 Day High2.65
20 Day Low1.66
52 Week High2.65
52 Week Low0.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume77.91K
Volume Incr-49.34%
Vol(5)593.58K
Vol(50)553.82K