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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 2022-05-11 View latest technical analysis

10 day averaged volume of Carborundum is 6119

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 722.40 767.00 767.00 717.65 1.745 times
10 Tue May 2022 747.10 733.25 777.00 712.10 1.162 times
09 Mon May 2022 730.85 732.60 736.90 716.00 0.523 times
06 Fri May 2022 736.70 754.20 754.20 722.55 1.102 times
05 Thu May 2022 754.35 768.70 769.15 751.40 0.429 times
04 Wed May 2022 755.65 764.40 773.45 752.90 0.568 times
02 Mon May 2022 762.05 777.00 777.00 750.75 0.812 times
29 Fri Apr 2022 760.65 778.40 785.00 749.55 1.53 times
28 Thu Apr 2022 776.35 753.40 780.95 749.30 1.155 times
27 Wed Apr 2022 750.60 723.00 758.00 723.00 1.553 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 734.8, but if it comes above 734.8, then a intra day buy could be more profitable.
If you take a sell trade below 734.8, then use 734.8 as stoploss and 712.5 as target. However if you take a buy trade in stock , then use 734.8 as stoploss and 753.47 as target.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 686.85
Downside Target 712.10
Upside Target 768.65
Upside Target 785.00
Upside Target 791.00
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 697.33
Downside Intraday Target 672.27
Upside Intraday Target 762.23
Upside Intraday Target 802.07
Upside Intraday Target 737.17

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 722.40 732.60 777.00 712.10 1.178 times
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

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
11 Wed May 2022 722.40 777.00 777.00 712.10 0.261 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 19, 15, 12 Buy
MACD -27, -26Sell
Stochastics 28Sell
CCI -80Sell
RSI 53Buy
OBV -32140Sell
VWAP 749Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Carborundum ( (Carborundum) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 SELL signal for Carborundum in short term and the sell signal is strong.

Carborundum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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

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 748.71 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

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