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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 2024-10-24 View latest technical analysis

10 day averaged volume of Modern Dairi is 27111

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	54.33	53.52	55.00	53.52	0.493 times
23 Wed Oct 2024	54.43	53.45	54.80	51.52	0.412 times
22 Tue Oct 2024	54.00	54.80	55.98	52.30	1.619 times
21 Mon Oct 2024	54.64	56.00	58.45	54.15	0.974 times
18 Fri Oct 2024	57.00	57.27	59.40	56.00	0.535 times
17 Thu Oct 2024	57.27	57.15	59.20	56.00	0.702 times
16 Wed Oct 2024	57.80	56.01	59.30	56.01	1.113 times
15 Tue Oct 2024	56.63	57.95	59.50	55.50	1.676 times
14 Mon Oct 2024	58.22	55.00	58.86	55.00	1.873 times
11 Fri Oct 2024	56.06	57.99	57.99	56.06	0.85 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.1, but if it comes above 55.1, then a intra day buy could be more profitable.
If you take a sell trade below 55.1, then use 55.1 as stoploss and 52.9 as target. However if you take a buy trade in stock , then use 55.1 as stoploss and 56.98 as target.

Share price targets for Modern Dairi (ModernDairi)

Target Type	Value
Downside Target	41.50
Downside Target	47.45
Downside Target	48.50
Downside Target	51.52
Downside Target	53.03
Upside Target	57.01
Upside Target	58.45
Upside Target	59.50
Upside Target	60.00
Upside Target	60.66
Upside Target	61.20
Upside Target	62.00

Intraday share price targets for Modern Dairi (ModernDairi)

Target Type	Value
Downside Intraday Target	51.08
Downside Intraday Target	47.84
Upside Intraday Target	58.01
Upside Intraday Target	61.7
Upside Intraday Target	54.77

Weekly technical analysis of Modern Dairi (ModernDairi)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	54.33	56.00	58.45	51.52	0.593 times
18 Fri Oct 2024	57.00	55.00	59.50	55.00	1.693 times
11 Fri Oct 2024	56.06	55.90	57.99	54.69	1.544 times
03 Thu Oct 2024	58.09	59.35	60.00	57.01	0.25 times
27 Fri Sep 2024	59.29	57.18	60.66	57.18	1.817 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 Modern Dairi (ModernDairi)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	54.33	57.01	60.00	51.52	0.314 times
30 Mon Sep 2024	58.11	56.57	62.00	53.03	1.58 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

Scroll below to view daily charts

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 Modern Dairi (ModernDairi)

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

MACD generated a SELL signal for Modern Dairi in short term and the sell signal is strong.

Modern Dairi 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 in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Modern Dairi in short term but BUY signal is weak.

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

Stock of Modern Dairi is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.26 and Modern Dairi (ModernDairi) 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 Modern Dairi (ModernDairi) stock. Volume based technical analysis of Modern Dairi (ModernDairi) stock is negative.

Modern Dairi 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.