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Model N, Inc. | MODN

Daily Technical Analysis of Model N, Inc.

Investors didn't show much interest in one Model N way or another today. It hasn't moved too much today but is slightly down, it lost -0.10% since yesterday.

It looks like Model N isn't currently at a very decisive point in regards to support/resistance levels. Momentum wise Model N, has been oscillating up and down but hasn't shown much directional energy that would be predictive to the near future. MODN might find some support at the 28.44 level, buyers might push the price back up from here. But it's not very clear what will happen.


Last analyzed on 2024-03-17

Analyst Ratings for Model N By Price Target And Rating

Analysts are currently taking a negative view on their future outlook for MODEL N. It's not really bad but definitely not good. The current Analysts Sentiment Score is -59.42. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. JMP Securities downgraded from Outperform to Market Perform on 2024-02-07. JPMorgan Chase & Co. released a downgrade on 2023-12-13 from Overweight to Neutral and dropped their 1 year price target to $25.00 which is down from $30.00. Morgan Stanley announced a lowering of their price target to $37.00 from $40.00 on 2023-11-15. On 2023-11-10 there was a downgrade announced by BTIG Research from Buy to Neutral. Needham & Company LLC dropped their price target by -16.22% to $31.00 on 2023-11-10. On 2023-11-10 The Goldman Sachs Group lowered their price target by -14.29% to $36.00. Royal Bank of Canada announced a lowering of their price target to $30.00 from $35.00 on 2023-11-10. Robert W. Baird provided a price target decease of -12.5% to $35.00 from $40.00 on 2023-08-09. Truist Financial decided to move down their price target on 2023-08-09 to $40.00 which is a -23.08% decrease. On 2023-08-09 Craig Hallum lowered their price target by -13.16% to $33.00.

Company Ratings Score ?
Composite analyst sentiment score
Positive Ratings Negative Ratings Boost Price Target Lower Price Target
MODN-59.420-86.180-32.65

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-03-16)
Company YOY Growth Score (typical -20 to +20) Revision Directions (-6 to +6)
MODN0.000.00

Short interest for MODEL N

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company Short Score (typical 1-15) ?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
Short Interest Days to Cover Rate of Change Shares Short
MODN6.47%6.477637.9-19.2062490000

How MODEL N compares to the broader Technology sector and the more specific Application Software industry

Segment Count 1 Day% 5 Day 1 Month 3 Month 6 Month 1 Year RSI 3mo S-momo ? 6mo S-momo 1yr S-momo Resistance ? Support Demark Sell ? Demark Buy Short Interest Analysts Ratings ?
Application Software

Show Me Companies With:

S-Momentum: Highest | Lowest
1 Day Growth: Highest | Lowest
5 Day Growth: Highest | Lowest
1 Month Growth: Highest | Lowest
6 Month Growth: Highest | Lowest
120-0.53-3.89-8.13-5.1210.4612.3145.5443.9326.0134.47-15538.60-15261.374.589.174.3861.11
Technology

Show Me Companies With:

S-Momentum: Highest | Lowest
1 Day Growth: Highest | Lowest
5 Day Growth: Highest | Lowest
1 Month Growth: Highest | Lowest
6 Month Growth: Highest | Lowest
306-0.55-3.85-8.01-4.1410.3415.3343.4933.3418.9524.19-14888.65-12935.996.457.924.6847.10

Social Sentiment for MODEL N

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker Social Sentiment(1-10)
MODN

Companies with the highest correlation to MODEL N

Company Score 1 Day% 5 Day 1 Month 3 Month 6 Month 1 Year RSI 3mo S-momo ? 6mo S-momo 1yr S-momo Resistance ? Support Demark Sell ? Demark Buy Short Interest Score
SSYS | Stratasys Inc (ISRAEL)0.831.43-1.59-16.27-23.91-15.92-36.6339-7.00-9.28-5.24-23594.68-1777.49001.74011
DDD | 3D Systems Corp0.822.36-6.22-24.73-30.32-18.93-62.6142-24.71-14.44-25.42-4062.17-1404.49006.44767
ATOM | Atomera Incorporated Comm0.81.95-4.96-11.27-22.30-16.675.5025-12.06-12.43-5.10-12383.27-489.940024.6371
MTLS | Materialise NV0.752.66-1.18-1.76-16.891.21-35.8125-48.67-29.27-36.93-48233.17169.28000.983039
PD | PagerDuty, Inc.0.74-1.84-5.83-8.36-14.172.06-40.2626-1.97-4.09-7.74-32301.04-206.570012.2696
MTSI | MACOM Technology Solution0.72-1.28-3.29-3.175.9321.5250.593810.4343.7948.64-2241.47-25098.99006.82579
DGII | Digi International Inc0.72-1.86-4.24-1.6616.9019.16-8.44434.254.096.75-21259.89-3661.96008.5097
LSCC | Lattice Semiconductor Cor0.71-2.18-8.12-13.12-0.22-8.46-25.43361.360.05-5.00-6985.31-2509.40007.46881

Top 3 correlating companies

See full charts for all peers

Sentiment Score

How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.

Earnings Estimates
Analyst Rating
Price Targets
Short Interest
Financials
Options Sentiment
Institutional Ownership
Social Sentiment
Fidelity Summary
Overall Summary Notes
Calculated Sentiment Sum

Score Sum
(1-45)

/

Average
(1-5)

+

Pattern Rank
(1-5)

=

Total Score
(1-10)

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