Modivcare Stock Technical Analysis

MODV Stock  USD 1.13  0.14  11.02%   
As of the 5th of April, ModivCare secures the Risk Adjusted Performance of (0.30), standard deviation of 10.37, and Mean Deviation of 7.2. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of ModivCare, as well as the relationship between them. Please verify ModivCare mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if ModivCare is priced some-what accurately, providing market reflects its recent price of 1.13 per share. Given that ModivCare is a hitting penny stock territory we strongly suggest to closely look at its jensen alpha.

ModivCare Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ModivCare, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ModivCare
  
ModivCare'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.

ModivCare Analyst Consensus

Target PriceAdvice# of Analysts
25.67Buy6Odds
ModivCare current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most ModivCare analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ModivCare stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ModivCare, talking to its executives and customers, or listening to ModivCare conference calls.
JavaScript chart by amCharts 3.21.15222Strong BuyBuyHold1.851.901.952.002.05
ModivCare Analyst Advice Details
ModivCare 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 ModivCare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ModivCare 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...

ModivCare Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 ModivCare volatility. High ATR values indicate high volatility, and low values indicate low volatility.
JavaScript chart by amCharts 3.21.152025FebMarFeb 24MarMar 10Mar 17Mar 24Mar 312345 200K400K600K800K1M1.2M1.4M 0.350.400.450.500.550.600.650.700.75 39K40K41K42K43K Show all
JavaScript chart by amCharts 3.21.15ModivCare Volume ModivCare Closing Prices Dow Jones Industrial Closing Prices - Benchmark ModivCare Average True Range

ModivCare Trend Analysis

Use this graph to draw trend lines for ModivCare. You can use it to identify possible trend reversals for ModivCare 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 ModivCare price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
JavaScript chart by amCharts 3.21.15
JavaScript chart by amCharts 3.21.152025FebMar246810
JavaScript chart by amCharts 3.21.152025FebMar

ModivCare Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ModivCare applied against its price change over selected period. The best fit line has a slop of   0.11  , which may suggest that ModivCare market price will keep on failing further. It has 122 observation points and a regression sum of squares at 466.35, which is the sum of squared deviations for the predicted ModivCare price change compared to its average price change.
JavaScript chart by amCharts 3.21.15 Prediction Change
JavaScript chart by amCharts 3.21.152025FebMar-100%-90%-80%-70%-60%-50%-40%-30%-20%-10%
JavaScript chart by amCharts 3.21.152025FebMar

About ModivCare 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 ModivCare 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 ModivCare based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ModivCare price pattern first instead of the macroeconomic environment surrounding ModivCare. By analyzing ModivCare'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 ModivCare'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 ModivCare specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2024 2025 (projected)
Dividend Yield0.05550.0527
Price To Sales Ratio0.06050.0575

ModivCare April 5, 2025 Technical Indicators

Most technical analysis of ModivCare 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 ModivCare from various momentum indicators to cycle indicators. When you analyze ModivCare 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.

ModivCare April 5, 2025 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as ModivCare stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for ModivCare Stock Analysis

When running ModivCare's price analysis, check to measure ModivCare'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 ModivCare is operating at the current time. Most of ModivCare's value examination focuses on studying past and present price action to predict the probability of ModivCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ModivCare's price. Additionally, you may evaluate how the addition of ModivCare to your portfolios can decrease your overall portfolio volatility.

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