Modine Manufacturing Technical Analysis (NYSE:MOD)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Modine Manufacturing stock price data and volume are plotted in MOD stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Modine Manufacturing. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Modine Manufacturing stock analysis.
Modine Manufacturing Moving Average:
Moving averages show the MOD stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A rise in trend over the long term indicates a long term uptrend. Similarly a falling MOD moving average implies that Modine Manufacturing stock price is falling.
Modine Manufacturing Bollinger Bands:
Bollinger bands comprise of a center line usually MOD SMA, and two MOD stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Modine Manufacturing bollinger bands show that the stock price is $10.95, upper band is 31.59, lower band is 29.14, and the average is 34.04.
Modine Manufacturing Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Modine Manufacturing MACD indicator can be used to identify bullish and bearish trends for the stock.
Modine Manufacturing Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 28.81 is the RSI value of MOD stock. .