MODERN Technical Analysis

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MODERN -- India Stock  

INR 38.00  2.00  5.00%

As of the 25th of May MODERN INDIA secures Risk Adjusted Performance of (0.58) and Mean Deviation of 3.11. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check helpful technical drivers of MODERN INDIA LTD as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for MODERN INDIA, which can be compared to its peers in the industry. Please verify MODERN INDIA LTD Variance as well as the relationship between Value At Risk and Skewness to decide if MODERN INDIA LTD is priced fairly providing market reflects its recent price of 38.0 per share.

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MODERN INDIA LTD Technical Analysis

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MODERN INDIA LTD Trend Analysis

Use this graph to draw trend lines for MODERN INDIA LTD. You can use it to identify possible trend reversals for MODERN INDIA as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual MODERN INDIA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

MODERN INDIA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MODERN INDIA LTD applied against its price change over selected period. The best fit line has a slop of   -1.25  which may suggest that MODERN INDIA LTD market price will keep on failing further. It has 122 observation points and a regression sum of squares at 58645.6, which is the sum of squared deviations for the predicted MODERN INDIA price change compared to its average price change.

About MODERN INDIA Technical Analysis

The Macroaxis Technical Analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of MODERN INDIA LTD on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of MODERN INDIA LTD based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MODERN INDIA LTD stock first instead of the macroeconomic environment surrounding MODERN INDIA LTD. By analyzing MODERN INDIA's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of MODERN INDIA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to MODERN INDIA specific price patterns or momentum indicators. Please read more on our technical analysis page.

MODERN INDIA May 25, 2020 Technical Indicators

Additionally, see Stocks Correlation. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.
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