Modine (MOD) Just Overtook the 50-Day Moving Average

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 50-day moving average, and this suggests a short-term bullish trend. One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of an up or down tre ...