Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-12 View latest technical analysis

10 day averaged volume of Modi Rubber is 9845

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	91.20	99.00	99.00	91.20	0.722 times
09 Fri Feb 2024	96.00	100.15	102.40	94.20	1.895 times
08 Thu Feb 2024	99.15	101.90	105.00	98.85	1.399 times
07 Wed Feb 2024	101.85	101.95	101.95	97.25	2.444 times
06 Tue Feb 2024	97.10	97.00	97.10	93.00	1.857 times
05 Mon Feb 2024	92.50	92.00	92.95	89.80	0.453 times
02 Fri Feb 2024	89.75	89.85	91.50	87.30	0.441 times
01 Thu Feb 2024	88.05	91.90	91.90	87.00	0.216 times
31 Wed Jan 2024	88.85	88.00	90.50	87.55	0.181 times
30 Tue Jan 2024	88.25	89.90	89.90	88.20	0.396 times

My analysis of stock is bearish for shortterm, and stock might move down till 87.5 or till 82.8. Use a stoploss of 91.54 and if the stock hits stoploss, then it can shoot up till 95.53

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
Upside Target	92.20
Upside Target	94.15
Upside Target	97.50
Upside Target	97.90
Upside Target	99.00
Upside Target	100.50
Upside Target	105.00

Intraday share price targets for Modi Rubber (MODIRUBBER_BE)

Target Type	Value
Downside Intraday Target	88.6
Downside Intraday Target	86
Upside Intraday Target	96.4
Upside Intraday Target	101.6
Upside Intraday Target	93.8

Weekly technical analysis of Modi Rubber (MODIRUBBER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	91.20	99.00	99.00	91.20	0.09 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
19 Fri Jan 2024	89.75	97.50	97.50	88.00	0.442 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 Modi Rubber (MODIRUBBER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	91.20	91.90	105.00	87.00	0.652 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 Weak and stock is losing momentum.

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

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 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 but buying is losing 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 96.69 and Modi Rubber (MODIRUBBER_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.