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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 2022-05-30 View latest technical analysis

10 day averaged volume of Carborundum is 6241

Date Daily Closing Price Open High Low Volume
30 Mon May 2022 707.55 712.40 719.45 697.00 0.59 times
27 Fri May 2022 694.70 694.00 699.90 690.50 0.914 times
26 Thu May 2022 694.00 704.40 710.30 690.00 0.318 times
25 Wed May 2022 704.45 713.00 715.45 695.70 1.431 times
24 Tue May 2022 713.10 736.60 739.30 710.95 1.26 times
23 Mon May 2022 737.00 719.50 739.90 711.15 0.589 times
20 Fri May 2022 712.30 717.35 720.85 697.00 1.498 times
19 Thu May 2022 714.05 723.90 723.95 706.85 0.501 times
18 Wed May 2022 725.00 725.80 730.60 704.15 2.116 times
17 Tue May 2022 731.15 729.45 739.20 722.60 0.675 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 707.4 as stoploss in an intra day buy trade for a target of 726.67. However, stock will show a bearish move below 707.4.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 685.00
Upside Target 719.45
Upside Target 739.20
Upside Target 777.00
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 696.55
Downside Intraday Target 685.55
Upside Intraday Target 719
Upside Intraday Target 730.45
Upside Intraday Target 708

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
30 Mon May 2022 707.55 712.40 719.45 697.00 0.131 times
27 Fri May 2022 694.70 719.50 739.90 690.00 0.822 times
20 Fri May 2022 712.30 718.00 739.20 697.00 0.901 times
13 Fri May 2022 730.15 732.60 777.00 685.00 2.502 times
06 Fri May 2022 736.70 777.00 777.00 722.55 0.351 times

Price has moved up 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
30 Mon May 2022 707.55 777.00 777.00 685.00 0.803 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 21, 22, 3 Sell
MACD -33, -32Sell
Stochastics 17Sell
CCI -35Buy
RSI 50Sell
OBV -28824Sell
VWAP 714Sell
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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Carborundum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 714.33 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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Daily charts

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