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TOPGOLF CALLAWAY BRANDS CORP (MODG) Stock Technical Analysis

NYSE:MODG - New York Stock Exchange, Inc. - US1311931042 - Common Stock

8.41  -0.17 (-1.98%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to MODG. MODG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MODG is a bad performer in the overall market: 90% of all stocks are doing better.
MODG is one of the lesser performing stocks in the Leisure Products industry. 72% of 30 stocks in the same industry do better.
MODG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MODG has an average volume of 2684460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MODG has a been trading in the 7.22 - 9.70 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
TOPGOLF CALLAWAY BRANDS CORP / MODG Weekly stock chart
TOPGOLF CALLAWAY BRANDS CORP / MODG Daily stock chart
Setup Rating and Analysis

4

MODG has a poor technical rating and the quality of the setup is also not perfect 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

7.97

13.28

We found 1 important support area.

  • Support @8.05 from a horizontal line in the daily time frame.

We can see 5 important resistance areas.

  • A resistance zone ranging from 8.44 to 8.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 8.72 to 8.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @9.07 from a trend line in the daily time frame.
  • A resistance zone ranging from 9.39 to 9.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @13.15 from a trend line in the weekly 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
CRS10.83
Mansfield-3.79
10 Day High9.7
10 Day Low7.95
20 Day High9.7
20 Day Low7.22
52 Week High16.89
52 Week Low7.22
Performance
1 Week3.25%
2 Weeks-8.53%
1 Month14.1%
3 Month-12.54%
6 Month-46.04%
12 Month-38.23%
2 Year-64.97%
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)0.01
RSI(14)54.26
LBB7.48
UBB9.41
TOPGOLF CALLAWAY BRANDS CORP / MODG Daily stock chart

TOPGOLF CALLAWAY BRANDS CORP

NYSE:MODG (1/22/2025, 10:35:04 AM)

8.41

-0.17 (-1.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-1.98%
1 Week3.25%
2 Weeks-8.53%
1 Month14.1%
3 Month-12.54%
6 Month-46.04%
12 Month-38.23%
2 Year-64.97%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%5.5%
ATR Inc-15.05%
Range Today0.26
ADR(20)0.43
ADR(20)%5.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.83
Mansfield-3.79
10 Day High9.7
10 Day Low7.95
20 Day High9.7
20 Day Low7.22
52 Week High16.89
52 Week Low7.22
CS1 End8.53
CR1 Start8.72
Volume & EV
DER(3)-0.16%
DER(5)0.18%
Volume237.18K
Volume Incr-8.21%
Vol(5)2.66M
Vol(50)2.68M