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Is MOD signaling a buying opportunity? New 52 Week Closing High shows up after advancing 3.99%
MOD closed up 3.99% on Thursday, September 18th, with volume running 0.9× below average. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High & Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 155.81, 153.04 & 151.18, with resistance at 160.44, 162.3 & 165.07. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of MOD: B
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »