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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 2022-05-04 View latest technical analysis

10 day averaged volume of Carborundum is 7840

Date Daily Closing Price Open High Low Volume
04 Wed May 2022 755.65 764.40 773.45 752.90 0.443 times
02 Mon May 2022 762.05 777.00 777.00 750.75 0.634 times
29 Fri Apr 2022 760.65 778.40 785.00 749.55 1.195 times
28 Thu Apr 2022 776.35 753.40 780.95 749.30 0.901 times
27 Wed Apr 2022 750.60 723.00 758.00 723.00 1.212 times
26 Tue Apr 2022 736.70 738.00 743.35 731.55 0.909 times
25 Mon Apr 2022 731.20 740.50 751.05 728.00 1.297 times
22 Fri Apr 2022 739.75 754.00 754.25 730.90 1.288 times
21 Thu Apr 2022 746.55 740.85 760.45 740.85 1.123 times
20 Wed Apr 2022 740.55 756.00 765.25 736.35 0.87 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 744.5 as stoploss in an intra day buy trade for a target of 770.35. However, stock will show a bearish move below 744.5.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 686.85
Downside Target 723.00
Downside Target 750.75
Upside Target 768.65
Upside Target 791.90
Upside Target 806.60
Upside Target 812.10
Upside Target 814.00
Upside Target 824.85
Upside Target 921.00
Upside Target 1033.95

Intraday share price targets for Carborundum (Carborundum)

Target Type Value
Downside Intraday Target 745.27
Downside Intraday Target 734.88
Upside Intraday Target 771.52
Upside Intraday Target 787.38
Upside Intraday Target 761.13

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
04 Wed May 2022 755.65 777.00 777.00 750.75 0.195 times
29 Fri Apr 2022 760.65 740.50 785.00 723.00 1.181 times
22 Fri Apr 2022 739.75 754.30 779.40 730.90 2.169 times
13 Wed Apr 2022 776.45 806.60 806.60 768.65 0.384 times
08 Fri Apr 2022 806.15 793.80 824.85 791.90 1.136 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 Carborundum (Carborundum)

Date Monthly Closing Price Open High Low Volume
04 Wed May 2022 755.65 777.00 777.00 750.75 0.057 times
29 Fri Apr 2022 760.65 805.00 824.85 723.00 0.118 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

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 Carborundum (Carborundum)

Indicator Name Indicator Value Indicator Signal
ADX 16, 14, 8 Buy
MACD -23, -26Buy
Stochastics 59None
CCI 59Sell
RSI 53Buy
OBV -24229Sell
VWAP 749Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Carborundum ( (Carborundum) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Carborundum in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 748.54 and Carborundum (Carborundum) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Carborundum (Carborundum) stock. Volume based technical analysis of Carborundum (Carborundum) stock is negative.

Carborundum 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.

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Daily charts

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