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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 2022-05-18 View latest technical analysis

10 day averaged volume of Carborundum is 5943

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 725.00 725.80 730.60 704.15 2.222 times
17 Tue May 2022 731.15 729.45 739.20 722.60 0.708 times
16 Mon May 2022 725.25 718.00 728.45 704.25 0.733 times
13 Fri May 2022 730.15 743.80 743.80 718.20 0.836 times
12 Thu May 2022 729.20 715.25 738.70 685.00 2.029 times
11 Wed May 2022 722.40 767.00 767.00 717.65 1.796 times
10 Tue May 2022 747.10 733.25 777.00 712.10 1.197 times
09 Mon May 2022 730.85 732.60 736.90 716.00 0.538 times
06 Fri May 2022 736.70 754.20 754.20 722.55 1.135 times
05 Thu May 2022 754.35 768.70 769.15 751.40 0.442 times

Stock of Carborundum (Carborundum) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 727.4, but if it comes above 727.4, then a intra day buy could be more profitable.
If you take a sell trade below 727.4, then use 727.4 as stoploss and 710.2 as target. However if you take a buy trade in stock , then use 727.4 as stoploss and 741.61 as target.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 685.00
Downside Target 704.15
Downside Target 722.55
Upside Target 777.00
Upside Target 779.40
Upside Target 785.00
Upside Target 791.00
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 706.37
Downside Intraday Target 687.73
Upside Intraday Target 741.42
Upside Intraday Target 757.83
Downside Intraday Target 722.78

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 725.00 718.00 739.20 704.15 0.573 times
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

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
18 Wed May 2022 725.00 777.00 777.00 685.00 0.523 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 16, 27, 24 Sell
MACD -28, -28Sell
Stochastics 46None
CCI -87Sell
RSI 50Buy
OBV -19388Sell
VWAP 731Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 Strong and stock is gaining 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 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 and the buying is gaining 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 730.89 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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