(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, -26 | Sell |
| Stochastics | 28 | Sell |
| CCI | -80 | Sell |
| RSI | 53 | Buy |
| OBV | -32140 | Sell |
| VWAP | 749 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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.
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