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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 2024-10-31 View latest technical analysis

10 day averaged volume of Modern Dairi is 35735

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	58.39	56.11	59.70	56.11	0.778 times
30 Wed Oct 2024	57.00	58.50	58.50	56.50	2.121 times
29 Tue Oct 2024	56.66	57.80	58.10	56.11	0.651 times
28 Mon Oct 2024	56.67	57.50	59.00	53.20	2.294 times
25 Fri Oct 2024	55.73	54.45	56.70	52.38	1.341 times
24 Thu Oct 2024	54.33	53.52	55.00	53.52	0.374 times
23 Wed Oct 2024	54.43	53.45	54.80	51.52	0.313 times
22 Tue Oct 2024	54.00	54.80	55.98	52.30	1.228 times
21 Mon Oct 2024	54.64	56.00	58.45	54.15	0.739 times
18 Fri Oct 2024	57.00	57.27	59.40	56.00	0.406 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.7, but if it comes below 57.7, then a intra day sell could be more profitable.
If you take a sell trade below 57.7, then use 57.7 as stoploss and 56.37 as target. However if you take a buy trade in stock , then use 57.7 as stoploss and 59.2 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
Downside Target	57.01
Upside Target	58.45
Upside Target	59.50
Upside Target	59.70
Upside Target	60.00
Upside Target	61.20
Upside Target	62.00

Intraday share price targets for Modern Dairi (ModernDairi)

Target Type	Value
Downside Intraday Target	54.49
Downside Intraday Target	50.6
Upside Intraday Target	60.99
Upside Intraday Target	63.6
Downside Intraday Target	57.1

Weekly technical analysis of Modern Dairi (ModernDairi)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	58.39	57.50	59.70	53.20	1.463 times
25 Fri Oct 2024	55.73	56.00	58.45	51.52	0.893 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

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
31 Thu Oct 2024	58.39	57.01	60.00	51.52	0.519 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 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 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 Modern Dairi ( (ModernDairi) ) based on a short to mid 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 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 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 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 56.14 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.