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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Green day on Friday for Modine Manufacturing Company
(Updated on Nov 08, 2024)

Sell candidate since Oct 30, 2024 Gain 5.84%

The Modine Manufacturing Company stock price gained 0.447% on the last trading day (Friday, 8th Nov 2024), rising from $127.38 to $127.95. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.50% from a day low at $126.00 to a day high of $129.15. The price has been going up and down for this period, and there has been a 0.55% gain for the last 2 weeks. Volume fell on the last day by -145 thousand shares and in total, 530 thousand shares were bought and sold for approximately $67.78 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 20.88% during the next 3 months and, with a 90% probability hold a price between $134.23 and $171.23 at the end of this 3-month period.

MOD Signals & Forecast

Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Modine Manufacturing Company stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $128.54. On a fall, the stock will find some support from the short-term average at $118.90. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, October 17, 2024, and so far it has fallen -5.59%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Modine Manufacturing Company stock

Modine Manufacturing Company finds support from accumulated volume at $125.04 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.15 between high and low, or 2.50%. For the last week, the stock has had daily average volatility of 4.46%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MOD) For The Upcoming Trading Day Of Monday 11th

For the upcoming trading day on Monday, 11th we expect Modine Manufacturing Company to open at $127.70, and during the day (based on 14 day Average True Range), to move between $121.94 and $133.96, which gives a possible trading interval of +/-$6.01 (+/-4.70%) up or down from last closing price. If Modine Manufacturing Company takes out the full calculated possible swing range there will be an estimated 9.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $128.32 (0.29%) than the support at $125.04 (2.27%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Modine Manufacturing Company stock A Buy?

The Modine Manufacturing Company stock holds several negative signals and despite the positive trend, we believe Modine Manufacturing Company will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.049 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on November 11, 2024 - $127.70 ( 0.195%).

Trading levels for MOD

Fibonacci Support & Resistance Levels

Level Price
R3 130.85 2.27%
R2 129.65 1.33%
R1 128.90 0.745%
Price 127.95
S1 126.50 -1.14%
S2 125.75 -1.72%
S3 124.55 -2.66%

Accumulated Volume Support & Resistance Levels

Level Price
R3 133.72 4.51%
R2 132.79 3.78%
R1 128.32 0.289%
Price 127.95
S1 125.04 -2.27%
S2 120.89 -5.52%
S3 108.10 -15.51%

MOD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 15, 2008 Nov 19, 2008 Dec 05, 2008 $0.100 2.02%
2 Jul 17, 2008 Aug 20, 2008 Sep 05, 2008 $0.100 0.625%
3 May 27, 2008 Jun 04, 2008 Jun 20, 2008 $0.100 0.667%
4 Jan 16, 2008 Feb 13, 2008 Mar 03, 2008 $0.175 1.40%
5 Oct 17, 2007 Nov 19, 2007 Dec 07, 2007 $0.175 0.85%

FAQ

What is the symbol for Modine Manufacturing Company Stock and on which exchange is it traded?
The symbol for Modine Manufacturing Company is MOD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Modine Manufacturing Company Stock?
The Modine Manufacturing Company stock holds several negative signals and despite the positive trend, we believe Modine Manufacturing Company will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Modine Manufacturing Company Stock?
Modine Manufacturing Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Modine Manufacturing Company Stock.

What's the current price of Modine Manufacturing Company Stock?
As of the end of day on the Nov 08, 2024, the price of an Modine Manufacturing Company (MOD) share was $127.95.

What is the 52-week high and low for Modine Manufacturing Company Stock?
The 52-week high for Modine Manufacturing Company Stock is $141.72 and the 52-week low is $42.65.

What is the market capitalization of Modine Manufacturing Company Stock?
As of the Nov 08, 2024, the market capitalization of Modine Manufacturing Company is 6.563B.

When is the next earnings date for Modine Manufacturing Company?
The upcoming earnings date for Modine Manufacturing Company is Feb 04, 2025.
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ABOUT MODINE MANUFACTURING COMPANY
Modine Manufacturing Company
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications. It operates through Climate Solutions and Performance Technologies segments. The company offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; perimeter heating products, such as commercial fin-t...
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