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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 2024-02-19 View latest technical analysis

10 day averaged volume of Modi Rubber is 10423

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	96.85	92.35	96.95	92.35	0.942 times
16 Fri Feb 2024	92.35	89.80	92.40	87.30	0.535 times
15 Thu Feb 2024	88.00	89.10	89.90	86.05	0.438 times
14 Wed Feb 2024	87.35	89.50	89.50	86.00	0.251 times
13 Tue Feb 2024	87.85	91.00	91.00	86.65	0.493 times
12 Mon Feb 2024	91.20	99.00	99.00	91.20	0.682 times
09 Fri Feb 2024	96.00	100.15	102.40	94.20	1.79 times
08 Thu Feb 2024	99.15	101.90	105.00	98.85	1.321 times
07 Wed Feb 2024	101.85	101.95	101.95	97.25	2.308 times
06 Tue Feb 2024	97.10	97.00	97.10	93.00	1.754 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 95.6, but if it comes below 95.6, then a intra day sell could be more profitable.
If you take a sell trade below 95.6, then use 95.6 as stoploss and 91.29 as target. However if you take a buy trade in stock , then use 95.6 as stoploss and 100.9 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
Upside Target	96.95
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	93.82
Downside Intraday Target	90.78
Upside Intraday Target	98.42
Upside Intraday Target	99.98
Downside Intraday Target	95.38

Weekly technical analysis of Modi Rubber (MODIRUBBER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	96.85	92.35	96.95	92.35	0.393 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, 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
19 Mon Feb 2024	96.85	91.90	105.00	86.00	0.846 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 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 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 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 neutral. A longer time frame might give a better analysis.

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

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

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above 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 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 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 96.52 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.