The stock price of MODEC reached its high of 1,833 yen on November 4, 2022, surpassing the previous high of 2,053 yen set on October 22, 2021, by September 22, 2023. Based on this, it is likely that the support in recent weeks will be around 1,833 yen, with trading occurring in the range of 1,800 yen to 2000 yen. It is expected to remain in this range at least until the short-term EMA of the MACD turns upward. If it manages to break above the high of 2,093 yen on September 22 after sufficient consolidation, there is a significant potential for a major uptrend.
The stock price of MODEC reached its high of 1,833 yen on November 4, 2022, surpassing the previous high of 2,053 yen set on October 22, 2021, by September 22, 2023. Based on this, it is likely that the support in recent weeks will be around 1,833 yen, with trading occurring in the range of 1,800 yen to 2000 yen. It is expected to remain in this range at least until the short-term EMA of the MACD turns upward. If it manages to break above the high of 2,093 yen on September 22 after sufficient consolidation, there is a significant potential for a major uptrend.