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

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

10 day averaged volume of Modipon is 2155

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 39.52 41.95 43.00 39.15 0.343 times
06 Mon May 2024 39.93 41.01 44.90 39.51 1.658 times
03 Fri May 2024 41.00 40.05 42.52 40.05 0.309 times
02 Thu May 2024 43.64 43.76 44.00 40.00 1.929 times
30 Tue Apr 2024 42.90 41.00 43.99 41.00 0.25 times

My analysis of stock is bearish for shortterm, and stock might move down till 38.6 or till 36.7. Use a stoploss of 40.09 and if the stock hits stoploss, then it can shoot up till 41.61

Share price targets for Modipon (Modipon)

Target Type Value
Downside Target 34.20
Downside Target 35.60
Downside Target 37.15
Downside Target 38.80
Upside Target 41.90
Upside Target 43.30
Upside Target 43.97
Upside Target 43.99
Upside Target 44.00
Upside Target 44.90
Upside Target 47.90

Intraday share price targets for Modipon (Modipon)

Target Type Value
Downside Intraday Target 37.48
Downside Intraday Target 35.44
Upside Intraday Target 43.23
Upside Intraday Target 46.94
Upside Intraday Target 41.19

Weekly technical analysis of Modipon (Modipon)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 39.52 41.01 44.90 39.15 0.601 times
03 Fri May 2024 41.00 39.20 44.00 38.80 0.634 times
26 Fri Apr 2024 42.00 39.27 43.30 37.62 2.695 times
19 Fri Apr 2024 38.50 40.05 43.49 37.15 3.544 times
12 Fri Apr 2024 40.05 38.10 41.90 37.70 0.299 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 Modipon (Modipon)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 39.52 43.76 44.90 39.15 0.397 times
30 Tue Apr 2024 42.90 40.70 43.99 37.15 0.687 times
28 Thu Mar 2024 40.74 40.22 43.97 34.20 0.488 times
29 Thu Feb 2024 40.22 43.48 47.90 37.20 1.395 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 Modipon (Modipon)

Indicator Name Indicator Value Indicator Signal
ADX 21, 13, 21 Buy
MACD 1, 1Sell
Stochastics 35None
CCI -41Sell
RSI 48Sell
OBV 7312Sell
VWAP 41Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Modipon ( (Modipon) ) based on a short 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 Modipon ( (Modipon) ) 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 Modipon ( (Modipon) ) based on a short to mid 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 Modipon ( (Modipon) ) 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 Modipon stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Modipon in short term but the sell signal is initial and weak.

Modipon 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 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 Modipon in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Modipon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.29 and Modipon (Modipon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Modipon (Modipon) stock. Volume based technical analysis of Modipon (Modipon) stock is negative.

Modipon 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.

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