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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 2024-05-27 View latest technical analysis

10 day averaged volume of Modi Rubber is 2858

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	97.65	101.30	101.30	97.00	1.423 times
24 Fri May 2024	96.95	96.10	99.40	96.10	0.512 times
23 Thu May 2024	98.00	100.85	100.85	96.00	1.806 times
22 Wed May 2024	98.50	97.65	100.45	95.65	2.437 times
21 Tue May 2024	97.65	100.00	100.00	96.25	1.128 times
18 Sat May 2024	98.45	98.50	98.50	98.45	0.061 times
17 Fri May 2024	98.50	98.20	100.50	97.00	1.793 times
16 Thu May 2024	98.10	99.70	99.70	97.05	0.399 times
15 Wed May 2024	98.80	97.00	99.70	97.00	0.508 times
14 Tue May 2024	98.20	100.90	100.90	97.00	0.698 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 96.9 as stoploss in an intra day buy trade for a target of 98.63. However, stock will show a bearish move below 96.9.

Share price targets for Modi Rubber (MODIRUBBER_BE)

Target Type	Value
Downside Target	82.05
Downside Target	86.00
Downside Target	91.00
Downside Target	94.60
Upside Target	100.95
Upside Target	101.30
Upside Target	102.00
Upside Target	105.25
Upside Target	106.00
Upside Target	106.80
Upside Target	107.85
Upside Target	109.20

Intraday share price targets for Modi Rubber (MODIRUBBER_BE)

Target Type	Value
Downside Intraday Target	96
Downside Intraday Target	94.35
Upside Intraday Target	100.3
Upside Intraday Target	102.95
Upside Intraday Target	98.65

Weekly technical analysis of Modi Rubber (MODIRUBBER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	97.65	101.30	101.30	97.00	0.242 times
24 Fri May 2024	96.95	100.00	100.85	95.65	1.428 times
18 Sat May 2024	98.45	100.95	100.95	95.00	0.933 times
10 Fri May 2024	97.05	101.00	102.00	94.60	0.297 times
03 Fri May 2024	99.70	103.00	106.80	98.15	2.382 times

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

Monthly technical analysis of Modi Rubber (MODIRUBBER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Mon May 2024	97.65	100.55	105.25	94.60	2.481 times
30 Tue Apr 2024	104.20	102.00	107.85	99.50	1.47 times
07 Thu Mar 2024	95.00	100.00	106.00	91.00	0.103 times
29 Thu Feb 2024	96.95	91.90	109.20	86.00	1.413 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Modi Rubber ( (MODIRUBBER_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Modi Rubber in short term but the sell signal is initial and weak.

Modi Rubber Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Modi Rubber in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 98.12 and Modi Rubber (MODIRUBBER_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.