MOD Climbs 4.49% Bulls Target 190-200 Zone
$Modine Manufacturing(MOD)$
Modine Manufacturing Company(MOD) Climbs +4.49%: Testing 52-Week High at $190, Bullish Momentum Intact
Latest Close Data
Closed at $184.66 on Feb 1, 2026, up +4.49% (+$7.94). The stock is now just 2.9% away from its 52-week high of $190.22.
Core Market Drivers
Strong institutional buying momentum over the past week, evidenced by significant net capital inflows. The company's focus on its Climate Solutions segment continues to attract investor interest in the clean tech space.
Technical Analysis
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Volume surged to 2.95M shares with a high Volume Ratio of 1.94, confirming bullish interest.
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MACD (DIF: 7.22, DEA: 1.68, MACD: 11.07) shows a strong bullish crossover and expanding histogram.
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The 6-day RSI at 92.56 indicates extreme overbought conditions, suggesting a potential near-term pullback or consolidation.
Key Price Levels
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Primary Support: $176.72 (today's low & yesterday's close).
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Strong Resistance: $190.22 (52-week high).
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Immediate Pivot: $184.76 (recent resistance, now being tested as support).
Valuation Perspective
Forward P/E of 39.51 is significantly above its historical average of 23.53 and +1 Std. Dev (31.27), indicating a premium valuation likely pricing in strong growth expectations from its Climate Solutions business.
Analyst Targets
7 analysts cover the stock with an average price target of $199.78 (+8.2% upside). Sentiment is bullish with 3 Strong Buy and 5 Buy recommendations.
Weekly Outlook
Expect consolidation between $176 and $190 in the coming week after the sharp run-up.
A decisive break above $190.22 could target the $200 psychological level. A break below $176 support could see a pullback toward the $165-$170 zone.
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