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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 2024-10-04 View latest technical analysis

10 day averaged volume of Modison is 59155

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	194.83	197.00	207.50	192.50	0.863 times
03 Thu Oct 2024	197.71	195.00	199.41	190.05	1.655 times
01 Tue Oct 2024	189.92	184.95	189.92	183.00	0.735 times
30 Mon Sep 2024	180.88	188.35	188.35	174.50	1.034 times
27 Fri Sep 2024	182.83	184.00	191.80	180.65	0.408 times
26 Thu Sep 2024	187.16	181.00	190.00	176.35	0.738 times
25 Wed Sep 2024	183.85	190.00	190.00	182.22	1.116 times
24 Tue Sep 2024	191.82	204.90	204.90	191.26	1.019 times
23 Mon Sep 2024	201.14	186.61	205.00	186.61	1.538 times
20 Fri Sep 2024	196.44	206.00	206.00	196.44	1.239 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 191.3, but if it comes below 191.3, then a intra day sell could be more profitable.
If you take a sell trade below 191.3, then use 191.3 as stoploss and 163.41 as target. However if you take a buy trade in stock , then use 191.3 as stoploss and 224.8 as target.

Share price targets for Modison (MODISONLTD_BE)

Target Type	Value
Downside Target	115.05
Downside Target	121.05
Downside Target	131.45
Downside Target	138.20
Downside Target	143.70
Downside Target	152.00
Downside Target	174.50
Downside Target	183.00
Upside Target	205.00
Upside Target	206.00
Upside Target	207.50

Intraday share price targets for Modison (MODISONLTD_BE)

Target Type	Value
Downside Intraday Target	177.05
Downside Intraday Target	159.28
Upside Intraday Target	210.05
Upside Intraday Target	225.28
Downside Intraday Target	192.28

Weekly technical analysis of Modison (MODISONLTD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	194.83	188.35	207.50	174.50	0.89 times
27 Fri Sep 2024	182.83	186.61	205.00	176.35	2.742 times
20 Fri Sep 2024	196.44	136.85	206.00	134.60	0.541 times
12 Fri Jul 2024	137.97	145.11	152.00	132.60	0.713 times
05 Fri Jul 2024	138.20	127.35	138.20	122.90	1.6 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
04 Fri Oct 2024	194.83	184.95	207.50	183.00	0.459 times
30 Mon Sep 2024	180.88	206.00	206.00	174.50	0.853 times
15 Mon Jul 2024	139.87	127.35	152.00	122.90	0.82 times
28 Fri Jun 2024	125.95	131.45	131.45	115.05	1.603 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 Modison (MODISONLTD_BE)

Price action analysis of Modison ( (MODISONLTD_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 Modison ( (MODISONLTD_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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Modison stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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

Modison Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Modison 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 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 192.18 and Modison (MODISONLTD_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 Modison (MODISONLTD_BE) stock. Volume based technical analysis of Modison (MODISONLTD_BE) stock is negative.

Modison 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.