Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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, -30Buy
Stochastics 28Sell
CCI -66Sell
RSI 52Buy
OBV -37047Sell
VWAP 708Sell
ADL 0Sell
ROC -2Sell
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 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.

Click here for Carborundum charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme