Login or Join
 Learn then Earn

(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)

10 day averaged volume of Modi Rubber is 3583

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 98.22 99.14 99.60 93.00 3.859 times
13 Thu Jun 2024 94.86 96.00 97.00 93.30 0.322 times
12 Wed Jun 2024 94.78 97.00 97.00 93.70 0.431 times
11 Tue Jun 2024 95.40 95.50 97.80 93.00 0.503 times
10 Mon Jun 2024 93.26 97.50 97.50 92.00 0.603 times

Stock of Modi Rubber (MODIRUBBER_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 97.7, but if it comes below 97.7, then a intra day sell could be more profitable.
If you take a sell trade below 97.7, then use 97.7 as stoploss and 94.73 as target. However if you take a buy trade in stock , then use 97.7 as stoploss and 101.3 as target.

Share price targets for Modi Rubber (MODIRUBBER_BE)

Target Type Value
Downside Target 85.00
Downside Target 91.00
Downside Target 95.00
Upside Target 99.50
Upside Target 99.60
Upside Target 100.85
Upside Target 100.95
Upside Target 101.30
Upside Target 105.25
Upside Target 106.00
Upside Target 107.85
Upside Target 109.20

Intraday share price targets for Modi Rubber (MODIRUBBER_BE)

Target Type Value
Downside Intraday Target 93.61
Downside Intraday Target 89.01
Upside Intraday Target 101.21
Upside Intraday Target 104.21
Downside Intraday Target 96.61

Weekly technical analysis of Modi Rubber (MODIRUBBER_BE)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 98.22 97.50 99.60 92.00 1.335 times
07 Fri Jun 2024 93.15 94.95 95.50 85.00 0.883 times
31 Fri May 2024 92.20 101.30 101.30 91.10 1.024 times
24 Fri May 2024 96.95 98.50 100.85 95.65 1.465 times
17 Fri May 2024 98.50 100.95 100.95 95.00 0.919 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
14 Fri Jun 2024 98.22 94.95 99.60 85.00 0.404 times
31 Fri May 2024 92.20 100.55 105.25 91.10 2.92 times
30 Tue Apr 2024 104.20 102.00 107.85 99.50 1.47 times
07 Thu Mar 2024 95.00 100.00 106.00 91.00 0.103 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 13, 21 Buy
MACD -1, -2Buy
Stochastics 81Buy
CCI 115Buy
RSI 48Sell
OBV 16765Sell
VWAP 94Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

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 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

Price action analysis of Modi Rubber ( (MODIRUBBER_BE) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Modi Rubber in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 94.27 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 negative.

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

Click here for Modi Rubber charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme