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(Carborundum) Carborundum complete technical analysis [charts+indicators] | Buy/Sell Carborundum | (Carborundum) share price targets

Complete technical analysis of Carborundum (Carborundum) by charts plus indicators, forecast predictions and share price targets for Carborundum (Carborundum)

Showing technical analysis as on 2022-04-08 View latest technical analysis

10 day averaged volume of Carborundum is 7443

Date Daily Closing Price Open High Low Volume
08 Fri Apr 2022 806.15 810.00 810.00 793.15 1.909 times
07 Thu Apr 2022 797.85 806.65 806.65 791.90 0.647 times
06 Wed Apr 2022 808.55 821.95 821.95 802.85 1.375 times
05 Tue Apr 2022 814.20 804.80 824.85 801.60 0.78 times
04 Mon Apr 2022 802.40 793.80 824.80 793.80 1.192 times
01 Fri Apr 2022 787.80 805.00 805.00 785.75 1.055 times
31 Thu Mar 2022 797.90 783.40 803.00 783.40 0.997 times
30 Wed Mar 2022 782.35 775.10 792.75 770.30 0.857 times
29 Tue Mar 2022 767.55 779.40 784.00 762.00 1.046 times
28 Mon Mar 2022 767.00 764.60 772.10 743.50 1.241 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 802.4, but if it comes below 802.4, then a intra day sell could be more profitable.
If you take a sell trade below 802.4, then use 802.4 as stoploss and 785.15 as target. However if you take a buy trade in stock , then use 802.4 as stoploss and 823.2 as target.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 686.85
Downside Target 743.50
Downside Target 772.35
Upside Target 814.00
Upside Target 824.85
Upside Target 851.50
Upside Target 921.00
Upside Target 988.95
Upside Target 1033.95

Intraday share price targets for Carborundum (Carborundum)

Target Type Value
Downside Intraday Target 790.42
Downside Intraday Target 774.68
Upside Intraday Target 823.37
Upside Intraday Target 840.58
Upside Intraday Target 807.63

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
08 Fri Apr 2022 806.15 793.80 824.85 791.90 1.136 times
01 Fri Apr 2022 787.80 764.60 805.00 743.50 0.854 times
25 Fri Mar 2022 761.35 794.30 807.85 748.00 1.439 times
17 Thu Mar 2022 775.70 788.00 814.00 772.35 0.253 times
11 Fri Mar 2022 778.15 695.00 804.95 686.85 0.117 times

Price has moved up 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 Carborundum (Carborundum)

Date Monthly Closing Price Open High Low Volume
08 Fri Apr 2022 806.15 805.00 824.85 785.75 0.041 times
31 Thu Mar 2022 797.90 795.00 814.00 686.85 4.662 times
28 Mon Feb 2022 803.25 887.95 921.00 791.00 0.714 times
31 Mon Jan 2022 880.50 1000.00 1033.95 812.10 0.544 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 Carborundum (Carborundum)

Indicator Name Indicator Value Indicator Signal
ADX 20, 15, 14 Buy
MACD -12, -21Buy
Stochastics 75Buy
CCI 48Buy
RSI 53Buy
OBV -38174Sell
VWAP 794Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Carborundum ( (Carborundum) ) 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 Carborundum ( (Carborundum) ) 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 Carborundum ( (Carborundum) ) 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 Carborundum ( (Carborundum) ) based on a mid to longer 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.

ADX buy sell signal for Carborundum stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Carborundum in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Carborundum 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Carborundum in short term and BUY signal is strong.

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 Carborundum is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 793.79 and Carborundum (Carborundum) 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 Carborundum (Carborundum) stock. Volume based technical analysis of Carborundum (Carborundum) stock is negative.

Carborundum Stock is giving positive 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.

Click here for Carborundum charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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