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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 2024-03-21 View latest technical analysis

10 day averaged volume of Modern Dairi is 10872

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	29.49	29.00	29.52	28.42	1.253 times
20 Wed Mar 2024	28.95	28.91	29.02	28.91	0.444 times
19 Tue Mar 2024	29.49	30.69	30.69	29.49	1.505 times
18 Mon Mar 2024	30.09	30.09	30.09	30.09	0.572 times
15 Fri Mar 2024	29.50	29.50	29.50	28.92	1.178 times
14 Thu Mar 2024	29.50	29.10	29.50	29.10	0.892 times
13 Wed Mar 2024	29.69	29.78	29.79	29.69	0.987 times
12 Tue Mar 2024	30.29	30.29	30.29	30.29	0.38 times
11 Mon Mar 2024	30.90	30.90	30.90	30.90	1.116 times
07 Thu Mar 2024	31.53	30.50	31.53	30.31	2.342 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.5, but if it comes above 29.5, then a intra day buy could be more profitable.
If you take a sell trade below 29.5, then use 29.5 as stoploss and 26.8 as target. However if you take a buy trade in stock , then use 29.5 as stoploss and 31.75 as target.

Share price targets for Modern Dairi (ModernDairi)

Target Type	Value
Downside Target	16.36
Downside Target	28.00
Upside Target	30.31
Upside Target	31.90
Upside Target	32.64
Upside Target	32.95
Upside Target	34.31
Upside Target	35.73
Upside Target	36.45
Upside Target	36.65
Upside Target	39.50
Upside Target	40.30

Intraday share price targets for Modern Dairi (ModernDairi)

Target Type	Value
Downside Intraday Target	28.38
Downside Intraday Target	27.26
Upside Intraday Target	30.65
Upside Intraday Target	31.8
Upside Intraday Target	29.53

Weekly technical analysis of Modern Dairi (ModernDairi)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	29.49	30.09	30.69	28.42	0.829 times
15 Fri Mar 2024	29.50	30.90	30.90	28.92	0.333 times
07 Thu Mar 2024	31.53	31.99	31.99	30.31	0.927 times
02 Sat Mar 2024	32.64	35.73	35.73	32.64	1.816 times
23 Fri Feb 2024	36.45	39.50	39.50	36.45	0.224 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
21 Thu Mar 2024	29.49	34.31	34.31	28.42	0.319 times
29 Thu Feb 2024	33.64	29.90	40.30	28.65	1.202 times
31 Wed Jan 2024	29.48	29.45	31.90	28.00	0.988 times
29 Fri Dec 2023	28.97	30.20	32.95	28.15	0.16 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 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 30.14 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.