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(ModernDairi) Modern Dairi complete technical analysis [charts+indicators] | Buy/Sell Modern Dairi | (ModernDairi) share price targets

Complete technical analysis of Modern Dairi (ModernDairi) by charts plus indicators, forecast predictions and share price targets for Modern Dairi (ModernDairi)

Showing technical analysis as on 2024-09-25 View latest technical analysis

10 day averaged volume of Modern Dairi is 26291

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	59.48	59.48	59.48	59.48	0.865 times
24 Tue Sep 2024	58.32	58.32	58.32	58.32	1.255 times
23 Mon Sep 2024	57.18	57.18	57.18	57.18	0.235 times
20 Fri Sep 2024	56.06	56.06	56.06	56.06	0.725 times
19 Thu Sep 2024	54.97	54.97	54.97	54.97	0.989 times
18 Wed Sep 2024	53.90	53.25	55.19	53.03	1.614 times
17 Tue Sep 2024	54.11	55.00	55.00	54.11	1.048 times
16 Mon Sep 2024	55.20	56.15	56.15	55.08	0.746 times
13 Fri Sep 2024	56.20	55.50	56.20	55.50	0.671 times
12 Thu Sep 2024	55.10	55.05	55.12	55.05	1.299 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.3, but if it comes below 59.3, then a intra day sell could be more profitable.
If you take a sell trade below 59.3, then use 59.3 as stoploss and 56.74 as target. However if you take a buy trade in stock , then use 59.3 as stoploss and 62.4 as target.

Share price targets for Modern Dairi (ModernDairi)

Target Type	Value
Downside Target	34.60
Downside Target	41.50
Downside Target	47.45
Downside Target	50.00
Downside Target	53.03
Downside Target	56.15
Downside Target	56.43
Downside Target	57.18
Downside Target	58.24
Downside Target	59.48
Upside Target	61.20
Upside Target	62.00

Intraday share price targets for Modern Dairi (ModernDairi)

Target Type	Value
Downside Intraday Target	57.95
Downside Intraday Target	56.41
Upside Intraday Target	60.25
Upside Intraday Target	61.01
Downside Intraday Target	58.71

Weekly technical analysis of Modern Dairi (ModernDairi)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	59.48	57.18	59.48	57.18	0.46 times
20 Fri Sep 2024	56.06	56.15	56.15	53.03	1.203 times
13 Fri Sep 2024	56.20	58.24	58.24	55.05	0.151 times
06 Fri Sep 2024	59.42	56.57	62.00	56.43	3.173 times
30 Fri Aug 2024	53.88	51.49	53.88	48.15	1.846 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 Modern Dairi (ModernDairi)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	59.48	56.57	62.00	53.03	1.328 times
30 Fri Aug 2024	53.88	51.00	54.00	47.45	0.502 times
31 Wed Jul 2024	51.24	49.43	61.20	48.50	0.935 times
28 Fri Jun 2024	49.00	49.00	54.35	41.50	0.598 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 Modern Dairi (ModernDairi)

Price action analysis of Modern Dairi ( (ModernDairi) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Modern Dairi ( (ModernDairi) ) 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 Modern Dairi ( (ModernDairi) ) based on a short to mid 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

Price action analysis of Modern Dairi ( (ModernDairi) ) 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 Modern Dairi stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Modern Dairi 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.

Modern Dairi 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Modern Dairi in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Modern Dairi is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.81 and Modern Dairi (ModernDairi) 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 Modern Dairi (ModernDairi) stock. Volume based technical analysis of Modern Dairi (ModernDairi) stock is negative.

Modern Dairi 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.