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 MOD stock chart pattern can give those who understand technical analysis an indication of which way MOD stock is headed, but cannot predict with 100% certainty as to what can happen to the Modine Manufacturing stock price.
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 or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Modine Manufacturing are mostly signals of long term trends and will help long term traders.
Modine Manufacturing Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Modine Manufacturing. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Modine Manufacturing bollinger bands show that the stock price is $18.1, upper band is 19.07, lower band is 17.32, and the average is 18.19.
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
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of MOD stock is 42.42.