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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 2024-06-25 View latest technical analysis

10 day averaged volume of Modison is 30398

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	121.38	119.40	123.80	118.30	1.333 times
24 Mon Jun 2024	119.37	121.99	121.99	119.00	0.773 times
21 Fri Jun 2024	120.91	122.05	123.50	120.50	1.049 times
20 Thu Jun 2024	121.19	122.00	125.00	120.00	1.608 times
19 Wed Jun 2024	121.46	123.05	123.35	120.02	0.512 times
18 Tue Jun 2024	123.05	127.00	127.00	121.30	1.78 times
14 Fri Jun 2024	126.50	125.20	127.70	125.20	0.693 times
13 Thu Jun 2024	126.23	125.70	126.99	122.50	1.058 times
12 Wed Jun 2024	125.87	125.78	128.75	122.50	1.096 times
11 Tue Jun 2024	125.78	123.85	126.30	122.31	0.549 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 121.1 as stoploss in an intra day buy trade for a target of 124.02. However, stock will show a bearish move below 121.1.

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	118.30
Upside Target	127.00
Upside Target	131.45
Upside Target	133.60
Upside Target	135.05
Upside Target	143.70
Upside Target	147.80

Intraday share price targets for Modison (MODISONLTD_BE)

Target Type	Value
Downside Intraday Target	118.52
Downside Intraday Target	115.66
Upside Intraday Target	124.02
Upside Intraday Target	126.66
Downside Intraday Target	121.16

Weekly technical analysis of Modison (MODISONLTD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	121.38	121.99	123.80	118.30	0.426 times
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

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 Modison (MODISONLTD_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	121.38	131.45	131.45	115.05	1.324 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Modison ( (MODISONLTD_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Modison in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 122.98 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.