(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 2022-06-03 View latest technical analysis
10 day averaged volume of Carborundum is 5236
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Jun 2022 | 696.80 | 709.50 | 709.50 | 695.10 | 0.79 times |
| 02 Thu Jun 2022 | 700.15 | 713.80 | 716.80 | 698.00 | 0.927 times |
| 01 Wed Jun 2022 | 715.40 | 725.10 | 731.50 | 711.00 | 0.606 times |
| 31 Tue May 2022 | 720.40 | 709.85 | 729.55 | 709.85 | 0.6 times |
| 30 Mon May 2022 | 707.55 | 712.40 | 719.45 | 697.00 | 0.704 times |
| 27 Fri May 2022 | 694.70 | 694.00 | 699.90 | 690.50 | 1.09 times |
| 26 Thu May 2022 | 694.00 | 704.40 | 710.30 | 690.00 | 0.379 times |
| 25 Wed May 2022 | 704.45 | 713.00 | 715.45 | 695.70 | 1.706 times |
| 24 Tue May 2022 | 713.10 | 736.60 | 739.30 | 710.95 | 1.502 times |
| 23 Mon May 2022 | 737.00 | 719.50 | 739.90 | 711.15 | 0.703 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 703.1, but if it comes above 703.1, then a intra day buy could be more profitable.
If you take a sell trade below 703.1, then use 703.1 as stoploss and 685.7 as target. However if you take a buy trade in stock , then use 703.1 as stoploss and 717.55 as target.
Share price targets for Carborundum (Carborundum)
| Target Type | Value |
| Downside Target | 685.00 |
| Upside Target | 722.55 |
| Upside Target | 739.20 |
| Upside Target | 739.90 |
| Upside Target | 777.00 |
| Upside Target | 791.00 |
| Upside Target | 814.00 |
| Upside Target | 824.85 |
| Upside Target | 921.00 |
Intraday share price targets for Carborundum (Carborundum)
| Target Type | Value |
| Downside Intraday Target | 684.1 |
| Downside Intraday Target | 671.4 |
| Upside Intraday Target | 720.5 |
| Upside Intraday Target | 744.2 |
| Upside Intraday Target | 707.8 |
Weekly technical analysis of Carborundum (Carborundum)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Jun 2022 | 696.80 | 712.40 | 731.50 | 695.10 | 0.674 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 |
| 03 Fri Jun 2022 | 696.80 | 725.10 | 731.50 | 695.10 | 0.099 times |
| 31 Tue May 2022 | 720.40 | 777.00 | 777.00 | 685.00 | 0.824 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 |
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, 22, 8 | Sell |
| MACD | -30, -30 | Buy |
| Stochastics | 28 | Sell |
| CCI | -66 | Sell |
| RSI | 52 | Buy |
| OBV | -37047 | Sell |
| VWAP | 708 | 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 gaining momentum.
MACD generated a BUY signal for Carborundum in short term but the buy signal is initial and weak.
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 below 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
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 707.74 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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