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Bollinger Band Squeeze appears for MOD after 0.38% move
On Wednesday, August 26th, MOD moved down 0.38% while volume was to 1.2× the usual levels. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 183.63, 179.95 & 175.41, with resistance at 191.85, 196.39 & 200.07. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MOD: F
There’s more where that came from. See all of today’s signals for MOD here.
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