Login or Join
 Learn then Earn

(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)

10 day averaged volume of Modison is 29767

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 120.91 122.05 123.50 120.50 1.071 times
20 Thu Jun 2024 121.19 122.00 125.00 120.00 1.642 times
19 Wed Jun 2024 121.46 123.05 123.35 120.02 0.523 times
18 Tue Jun 2024 123.05 127.00 127.00 121.30 1.818 times
14 Fri Jun 2024 126.50 125.20 127.70 125.20 0.708 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 121.7, but if it comes above 121.7, then a intra day buy could be more profitable.
If you take a sell trade below 121.7, then use 121.7 as stoploss and 117.4 as target. However if you take a buy trade in stock , then use 121.7 as stoploss and 125.24 as target.

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 120.00
Upside Target 127.00
Upside Target 131.45
Upside Target 133.60
Upside Target 135.05
Upside Target 139.40
Upside Target 143.70
Upside Target 147.80

Intraday share price targets for Modison (MODISONLTD_BE)

Target Type Value
Downside Intraday Target 118.27
Downside Intraday Target 115.64
Upside Intraday Target 125.27
Upside Intraday Target 129.64
Upside Intraday Target 122.64

Weekly technical analysis of Modison (MODISONLTD_BE)

Date Weekly Closing Price Open High Low Volume
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 1.261 times
24 Fri May 2024 133.05 135.50 139.40 130.00 1.077 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 Modison (MODISONLTD_BE)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 120.91 131.45 131.45 115.05 1.153 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 13, 19, 20 Sell
MACD 2, 4Sell
Stochastics 24Sell
CCI -110Sell
RSI 54Buy
OBV -222141Sell
VWAP 124Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 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 mid to longer 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.

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Modison in short term and SELL 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 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 123.85 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.

Click here for Modison charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme