Modine (MOD) Crossed Above the 20-Day Moving Average: What That Means for Investors

From a technical perspective, Modine (MOD) is looking like an interesting pick, as it just reached a key level of support. MOD recently overtook the 20- day moving average, and this suggests a short-term bullish trend. The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages. The 20-day mo ...