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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 2022-05-06 View latest technical analysis

10 day averaged volume of Carborundum is 7320

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 736.70 754.20 754.20 722.55 0.921 times
05 Thu May 2022 754.35 768.70 769.15 751.40 0.359 times
04 Wed May 2022 755.65 764.40 773.45 752.90 0.475 times
02 Mon May 2022 762.05 777.00 777.00 750.75 0.679 times
29 Fri Apr 2022 760.65 778.40 785.00 749.55 1.279 times
28 Thu Apr 2022 776.35 753.40 780.95 749.30 0.965 times
27 Wed Apr 2022 750.60 723.00 758.00 723.00 1.298 times
26 Tue Apr 2022 736.70 738.00 743.35 731.55 0.974 times
25 Mon Apr 2022 731.20 740.50 751.05 728.00 1.389 times
22 Fri Apr 2022 739.75 754.00 754.25 730.90 1.379 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 740.7, but if it comes above 740.7, then a intra day buy could be more profitable.
If you take a sell trade below 740.7, then use 740.7 as stoploss and 712.6 as target. However if you take a buy trade in stock , then use 740.7 as stoploss and 764.08 as target.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 686.85
Downside Target 722.55
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 713.83
Downside Intraday Target 690.97
Upside Intraday Target 768.28
Upside Intraday Target 799.87
Upside Intraday Target 745.42

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 736.70 777.00 777.00 722.55 0.412 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
06 Fri May 2022 736.70 777.00 777.00 722.55 0.12 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 13, 23, 28 Sell
MACD -24, -25Buy
Stochastics 42None
CCI -76Sell
RSI 54Buy
OBV -34621Sell
VWAP 749Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Carborundum ( (Carborundum) ) based on a short 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Carborundum in short term and SELL 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

Stock of Carborundum is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 748.64 and Carborundum (Carborundum) stock is trading below this level. This means that stock is falling with high volumes. 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.

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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