(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, -25 | Buy |
| Stochastics | 42 | None |
| CCI | -76 | Sell |
| RSI | 54 | Buy |
| OBV | -34621 | Sell |
| VWAP | 749 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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.
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