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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 2022-06-08 View latest technical analysis

10 day averaged volume of Carborundum is 4116

Date Daily Closing Price Open High Low Volume
08 Wed Jun 2022 671.70 687.00 687.00 666.05 0.962 times
07 Tue Jun 2022 684.80 682.00 692.45 677.45 1.009 times
06 Mon Jun 2022 693.20 694.30 697.75 683.60 0.338 times
03 Fri Jun 2022 696.80 709.50 709.50 695.10 1.006 times
02 Thu Jun 2022 700.15 713.80 716.80 698.00 1.18 times
01 Wed Jun 2022 715.40 725.10 731.50 711.00 0.77 times
31 Tue May 2022 720.40 709.85 729.55 709.85 0.763 times
30 Mon May 2022 707.55 712.40 719.45 697.00 0.895 times
27 Fri May 2022 694.70 694.00 699.90 690.50 1.386 times
26 Thu May 2022 694.00 704.40 710.30 690.00 0.482 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 672.7, for a target of 693.1 or 710.02

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 666.05
Upside Target 685.00
Upside Target 723.00
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 659.25
Downside Intraday Target 646.8
Upside Intraday Target 690.95
Upside Intraday Target 710.2
Upside Intraday Target 678.5

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
08 Wed Jun 2022 671.70 694.30 697.75 666.05 0.501 times
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

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
08 Wed Jun 2022 671.70 725.10 731.50 666.05 0.177 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 15, 30, 33 Sell
MACD -34, -31Sell
Stochastics 13Sell
CCI -153Sell
RSI 53Buy
OBV -43720Sell
VWAP 697Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 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 but buying 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 697.27 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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Daily chart

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