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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 2022-05-13 View latest technical analysis

10 day averaged volume of Carborundum is 6729

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 730.15 743.80 743.80 718.20 0.738 times
12 Thu May 2022 729.20 715.25 738.70 685.00 1.792 times
11 Wed May 2022 722.40 767.00 767.00 717.65 1.587 times
10 Tue May 2022 747.10 733.25 777.00 712.10 1.057 times
09 Mon May 2022 730.85 732.60 736.90 716.00 0.475 times
06 Fri May 2022 736.70 754.20 754.20 722.55 1.002 times
05 Thu May 2022 754.35 768.70 769.15 751.40 0.39 times
04 Wed May 2022 755.65 764.40 773.45 752.90 0.517 times
02 Mon May 2022 762.05 777.00 777.00 750.75 0.739 times
29 Fri Apr 2022 760.65 778.40 785.00 749.55 1.392 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 732.1, but if it comes above 732.1, then a intra day buy could be more profitable.
If you take a sell trade below 732.1, then use 732.1 as stoploss and 713.5 as target. However if you take a buy trade in stock , then use 732.1 as stoploss and 747.65 as target.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 685.00
Downside Target 722.55
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 684.43
Downside Intraday Target 638.72
Upside Intraday Target 776.43
Upside Intraday Target 822.72
Upside Intraday Target 730.72

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
13 Fri May 2022 730.15 732.60 777.00 685.00 2.133 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Carborundum (Carborundum)

Date Monthly Closing Price Open High Low Volume
13 Fri May 2022 730.15 777.00 777.00 685.00 0.376 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 17, 21, 12 Sell
MACD -28, -27Sell
Stochastics 34None
CCI -63Buy
RSI 49Sell
OBV -26796Sell
VWAP 740Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Carborundum ( (Carborundum) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. 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 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 red color and prices are in or above the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 740.41 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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