Modine Manufacturing (Germany) Technical Analysis

MMF Stock  EUR 121.70  1.15  0.94%   
As of the 11th of December 2024, Modine Manufacturing secures the Risk Adjusted Performance of 0.1127, downside deviation of 3.5, and Mean Deviation of 2.85. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Modine Manufacturing, as well as the relationship between them. Please verify Modine Manufacturing coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Modine Manufacturing is priced some-what accurately, providing market reflects its recent price of 121.7 per share.

Modine Manufacturing Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Modine, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Modine
  
Modine Manufacturing's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Modine Manufacturing technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Modine Manufacturing technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Modine Manufacturing trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Modine Manufacturing Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Modine Manufacturing volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Modine Manufacturing Trend Analysis

Use this graph to draw trend lines for Modine Manufacturing. You can use it to identify possible trend reversals for Modine Manufacturing as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Modine Manufacturing price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Modine Manufacturing Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Modine Manufacturing applied against its price change over selected period. The best fit line has a slop of   0.21  , which means Modine Manufacturing will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1646.18, which is the sum of squared deviations for the predicted Modine Manufacturing price change compared to its average price change.

About Modine Manufacturing Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Modine Manufacturing on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Modine Manufacturing based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Modine Manufacturing price pattern first instead of the macroeconomic environment surrounding Modine Manufacturing. By analyzing Modine Manufacturing's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Modine Manufacturing's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Modine Manufacturing specific price patterns or momentum indicators. Please read more on our technical analysis page.

Modine Manufacturing December 11, 2024 Technical Indicators

Most technical analysis of Modine help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Modine from various momentum indicators to cycle indicators. When you analyze Modine charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Modine Stock analysis

When running Modine Manufacturing's price analysis, check to measure Modine Manufacturing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Modine Manufacturing is operating at the current time. Most of Modine Manufacturing's value examination focuses on studying past and present price action to predict the probability of Modine Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modine Manufacturing's price. Additionally, you may evaluate how the addition of Modine Manufacturing to your portfolios can decrease your overall portfolio volatility.
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