MODTHREAD technical summary

At ₹44.64, Modern Threads (India) Limited is trading 10.4% below its 50-day average of ₹49.81 and 4.5% below its 200-day average of ₹46.74. The 14-day RSI is 40.7, in the neutral range between 30 and 70. MACD is -0.94 against a signal line of -0.93, so the MACD line sits below its signal line. ADX(14) reads 17.9, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹35.61 to ₹65.65, with the price 30% of the way up it. Classic daily pivot levels from the 29 Oct 2026 session: pivot ₹45.58, resistance ₹46.65 and ₹47.31, support ₹44.92 and ₹43.85.