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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 2024-07-08 View latest technical analysis

10 day averaged volume of Modern Dairi is 120142

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	55.65	59.79	61.20	55.30	0.833 times
05 Fri Jul 2024	59.18	57.10	60.40	56.95	1.444 times
04 Thu Jul 2024	56.41	53.45	57.69	53.45	2.442 times
03 Wed Jul 2024	53.05	50.40	54.65	50.40	2.609 times
02 Tue Jul 2024	49.62	49.00	50.40	48.50	0.362 times
01 Mon Jul 2024	49.80	49.43	51.99	48.50	0.875 times
28 Fri Jun 2024	49.00	49.20	50.35	48.54	0.27 times
27 Thu Jun 2024	48.67	47.95	49.75	46.90	0.599 times
26 Wed Jun 2024	48.51	50.90	50.90	48.00	0.668 times
25 Tue Jun 2024	49.45	51.50	51.50	49.00	0.367 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.3, but if it comes below 54.3, then a intra day sell could be more profitable.
If you take a sell trade below 54.3, then use 54.3 as stoploss and 51.68 as target. However if you take a buy trade in stock , then use 54.3 as stoploss and 57.4 as target.

Share price targets for Modern Dairi (ModernDairi)

Target Type	Value
Downside Target	28.42
Downside Target	34.31
Downside Target	36.70
Downside Target	41.50
Downside Target	46.90
Downside Target	48.50
Downside Target	50.00
Downside Target	53.00
Downside Target	54.35
Downside Target	55.30
Upside Target	60.40
Upside Target	61.20

Intraday share price targets for Modern Dairi (ModernDairi)

Target Type	Value
Downside Intraday Target	53.57
Downside Intraday Target	51.48
Upside Intraday Target	59.47
Upside Intraday Target	63.28
Upside Intraday Target	57.38

Weekly technical analysis of Modern Dairi (ModernDairi)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	55.65	59.79	61.20	55.30	0.108 times
05 Fri Jul 2024	59.18	49.43	60.40	48.50	3.409 times
28 Fri Jun 2024	49.00	51.17	53.00	46.90	1.123 times
21 Fri Jun 2024	51.20	52.50	54.00	50.35	0.634 times
14 Fri Jun 2024	51.97	52.94	54.35	48.50	0.484 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
08 Mon Jul 2024	55.65	49.43	61.20	48.50	0.61 times
28 Fri Jun 2024	49.00	49.00	54.35	41.50	0.598 times
31 Fri May 2024	47.53	35.30	50.00	34.60	4.456 times
30 Tue Apr 2024	34.86	29.50	36.70	28.85	1.277 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 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 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 losing 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 tired and bears are picking up momentum.

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

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

RSI is generating a BUY signal in short term but buying 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 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 53.72 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.