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Downtrend Call Working As Modine Mfg Co Stock Falls 36.4% (MOD)

By Shiri Gupta

SmarTrend identified a Downtrend for Modine Mfg Co (NYSE:MOD) on March 2nd, 2018 at $22.00. In approximately 8 months, Modine Mfg Co has returned 36.41% as of today's recent price of $13.99.

Modine Mfg Co share prices have moved between a 52-week high of $25.75 and a 52-week low of $11.55 and are now trading 21% above that low price at $13.99 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.8% while the 200-day MA has slid 0.7%.

Modine Manufacturing Company manufactures heat-transfer and heat-storage technology products. The Company develops, manufactures, and markets heat exchangers and systems for use in various original equipment manufacturer applications and for sale to the automotive aftermarket and to a wide array of building markets.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Modine Mfg Co.

Log in and add Modine Mfg Co (MOD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights modine mfg co

Ticker(s): MOD