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(MODIRUBBER_BE) Modi Rubber complete technical analysis [charts+indicators] | Buy/Sell Modi Rubber | (MODIRUBBER_BE) share price targets

Complete technical analysis of Modi Rubber (MODIRUBBER_BE) by charts plus indicators, forecast predictions and share price targets for Modi Rubber (MODIRUBBER_BE)

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Modi Rubber is 10604

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	105.15	109.00	109.20	104.50	0.753 times
22 Thu Feb 2024	106.30	109.00	109.00	104.00	1.703 times
21 Wed Feb 2024	104.20	106.25	106.25	100.00	2.067 times
20 Tue Feb 2024	101.65	96.85	101.65	94.15	1.186 times
19 Mon Feb 2024	96.85	92.35	96.95	92.35	0.926 times
16 Fri Feb 2024	92.35	89.80	92.40	87.30	0.526 times
15 Thu Feb 2024	88.00	89.10	89.90	86.05	0.43 times
14 Wed Feb 2024	87.35	89.50	89.50	86.00	0.247 times
13 Tue Feb 2024	87.85	91.00	91.00	86.65	0.485 times
12 Mon Feb 2024	91.20	99.00	99.00	91.20	0.67 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 100.9, but if it comes below 100.9, then a intra day sell could be more profitable.
If you take a sell trade below 100.9, then use 100.9 as stoploss and 94.54 as target. However if you take a buy trade in stock , then use 100.9 as stoploss and 108.6 as target.

Share price targets for Modi Rubber (MODIRUBBER_BE)

Target Type	Value
Downside Target	71.00
Downside Target	81.00
Downside Target	85.35
Downside Target	89.80
Downside Target	92.35
Downside Target	94.15
Downside Target	97.90
Downside Target	99.00
Downside Target	100.50
Downside Target	105.00
Upside Target	109.20

Intraday share price targets for Modi Rubber (MODIRUBBER_BE)

Target Type	Value
Downside Intraday Target	95.27
Downside Intraday Target	85.38
Upside Intraday Target	112.12
Upside Intraday Target	119.08
Downside Intraday Target	102.23

Weekly technical analysis of Modi Rubber (MODIRUBBER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	105.15	92.35	109.20	92.35	2.814 times
16 Fri Feb 2024	92.35	99.00	99.00	86.00	0.316 times
09 Fri Feb 2024	96.00	92.00	105.00	89.80	4.12 times
02 Fri Feb 2024	89.75	91.50	91.90	87.00	1.446 times
25 Thu Jan 2024	88.70	94.15	94.15	85.35	0.603 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Modi Rubber (MODIRUBBER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	105.15	91.90	109.20	86.00	1.271 times
31 Wed Jan 2024	88.85	85.00	97.90	82.05	2.075 times
29 Fri Dec 2023	85.00	89.00	91.00	81.00	0.44 times
30 Thu Nov 2023	89.00	82.50	100.50	81.70	0.823 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Modi Rubber (MODIRUBBER_BE)

Price action analysis of Modi Rubber ( (MODIRUBBER_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Modi Rubber ( (MODIRUBBER_BE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Modi Rubber ( (MODIRUBBER_BE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Modi Rubber stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Modi Rubber in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Modi Rubber Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Modi Rubber in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Modi Rubber is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 99.8 and Modi Rubber (MODIRUBBER_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Modi Rubber (MODIRUBBER_BE) stock. Volume based technical analysis of Modi Rubber (MODIRUBBER_BE) stock is negative.

Modi Rubber Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.