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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 2022-06-14 View latest technical analysis

10 day averaged volume of Carborundum is 4368

Date Daily Closing Price Open High Low Volume
14 Tue Jun 2022 693.70 680.00 698.90 680.00 0.919 times
13 Mon Jun 2022 690.20 691.00 701.65 669.60 1.836 times
10 Fri Jun 2022 690.25 658.95 708.00 658.95 1.902 times
09 Thu Jun 2022 663.85 674.95 674.95 655.25 0.584 times
08 Wed Jun 2022 671.70 687.00 687.00 666.05 0.907 times
07 Tue Jun 2022 684.80 682.00 692.45 677.45 0.95 times
06 Mon Jun 2022 693.20 694.30 697.75 683.60 0.319 times
03 Fri Jun 2022 696.80 709.50 709.50 695.10 0.948 times
02 Thu Jun 2022 700.15 713.80 716.80 698.00 1.111 times
01 Wed Jun 2022 715.40 725.10 731.50 711.00 0.726 times

My analysis of stock is bearish for shortterm, and stock might move down till 683.9 or till 663.3. Use a stoploss of 701.13 and if the stock hits stoploss, then it can shoot up till 718.32

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 655.25
Downside Target 669.60
Downside Target 685.00
Upside Target 723.00
Upside Target 731.50
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 674.98
Downside Intraday Target 656.27
Upside Intraday Target 707.03
Upside Intraday Target 720.37
Downside Intraday Target 688.32

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
14 Tue Jun 2022 693.70 691.00 701.65 669.60 0.591 times
10 Fri Jun 2022 690.25 694.30 708.00 655.25 1.072 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

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
14 Tue Jun 2022 693.70 725.10 731.50 655.25 0.364 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 20, 21, 2 Sell
MACD -31, -33Buy
Stochastics 47None
CCI 3Buy
RSI 58Buy
OBV -43959Sell
VWAP 690Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Carborundum ( (Carborundum) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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.

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

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Carborundum in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 690.45 and Carborundum (Carborundum) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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