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(MODISONLTD_BE) Modison complete technical analysis [charts+indicators] | Buy/Sell Modison | (MODISONLTD_BE) share price targets

Complete technical analysis of Modison (MODISONLTD_BE) by charts plus indicators, forecast predictions and share price targets for Modison (MODISONLTD_BE)

Showing technical analysis as on 2024-06-21 View latest technical analysis

10 day averaged volume of Modison is 28530

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	120.91	122.05	123.50	120.50	1.117 times
20 Thu Jun 2024	121.19	122.00	125.00	120.00	1.713 times
19 Wed Jun 2024	121.46	123.05	123.35	120.02	0.546 times
18 Tue Jun 2024	123.05	127.00	127.00	121.30	1.897 times
14 Fri Jun 2024	126.50	125.20	127.70	125.20	0.738 times
13 Thu Jun 2024	126.23	125.70	126.99	122.50	1.127 times
12 Wed Jun 2024	125.87	125.78	128.75	122.50	1.168 times
11 Tue Jun 2024	125.78	123.85	126.30	122.31	0.584 times
10 Mon Jun 2024	125.08	124.00	128.40	123.38	0.94 times
07 Fri Jun 2024	126.20	122.15	127.85	122.15	0.603 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 121.7, but if it comes above 121.7, then a intra day buy could be more profitable.
If you take a sell trade below 121.7, then use 121.7 as stoploss and 117.4 as target. However if you take a buy trade in stock , then use 121.7 as stoploss and 125.24 as target.

Share price targets for Modison (MODISONLTD_BE)

Target Type	Value
Downside Target	72.55
Downside Target	80.55
Downside Target	82.95
Downside Target	89.50
Downside Target	115.05
Downside Target	120.00
Upside Target	127.00
Upside Target	131.45
Upside Target	133.60
Upside Target	135.05
Upside Target	139.40
Upside Target	143.70
Upside Target	147.80

Intraday share price targets for Modison (MODISONLTD_BE)

Target Type	Value
Downside Intraday Target	118.27
Downside Intraday Target	115.64
Upside Intraday Target	125.27
Upside Intraday Target	129.64
Upside Intraday Target	122.64

Weekly technical analysis of Modison (MODISONLTD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	120.91	127.00	127.00	120.00	1.157 times
14 Fri Jun 2024	126.50	124.00	128.75	122.31	0.86 times
07 Fri Jun 2024	126.20	131.45	131.45	115.05	1.347 times
31 Fri May 2024	125.20	133.05	135.05	121.10	1.456 times
24 Fri May 2024	133.05	139.40	139.40	130.00	0.815 times

Price has moved down 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 Modison (MODISONLTD_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	120.91	131.45	131.45	115.05	1.153 times
31 Fri May 2024	125.20	142.50	143.70	121.05	1.905 times
30 Tue Apr 2024	139.70	139.00	147.80	133.60	0.485 times
03 Fri Nov 2023	88.15	84.00	89.50	80.55	0.688 times

Scroll below to view daily charts

Price has moved down 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 Modison (MODISONLTD_BE)

Price action analysis of Modison ( (MODISONLTD_BE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Modison ( (MODISONLTD_BE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Modison ( (MODISONLTD_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Modison stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Modison Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Modison in short term and SELL signal is strong!

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

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

Stock of Modison is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 123.85 and Modison (MODISONLTD_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 Modison (MODISONLTD_BE) stock. Volume based technical analysis of Modison (MODISONLTD_BE) stock is negative.

Modison Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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