(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 2022-06-20 View latest technical analysis
10 day averaged volume of Carborundum is 4391
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon Jun 2022 | 666.70 | 674.00 | 682.50 | 651.05 | 2.758 times |
| 17 Fri Jun 2022 | 685.25 | 694.65 | 694.90 | 675.00 | 0.924 times |
| 16 Thu Jun 2022 | 694.90 | 691.00 | 701.10 | 682.05 | 0.81 times |
| 15 Wed Jun 2022 | 693.45 | 698.90 | 703.40 | 690.80 | 0.888 times |
| 14 Tue Jun 2022 | 693.70 | 680.00 | 698.90 | 680.00 | 0.914 times |
| 13 Mon Jun 2022 | 690.20 | 691.00 | 701.65 | 669.60 | 1.826 times |
| 10 Fri Jun 2022 | 690.25 | 658.95 | 708.00 | 658.95 | 1.892 times |
| 09 Thu Jun 2022 | 663.85 | 674.95 | 674.95 | 655.25 | 0.581 times |
| 08 Wed Jun 2022 | 671.70 | 687.00 | 687.00 | 666.05 | 0.902 times |
| 07 Tue Jun 2022 | 684.80 | 682.00 | 692.45 | 677.45 | 0.945 times |
Stock of Carborundum (Carborundum) has showed a significant fall. This could be a good time to exit from this stock.
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 661.8, for a target of 679.2 or 693.73
Share price targets for Carborundum (Carborundum)
| Target Type | Value |
| Downside Target | 651.05 |
| Upside Target | 669.60 |
| Upside Target | 723.00 |
| Upside Target | 731.50 |
| 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 | 651 |
| Downside Intraday Target | 635.3 |
| Upside Intraday Target | 682.45 |
| Upside Intraday Target | 698.2 |
| Upside Intraday Target | 666.75 |
Weekly technical analysis of Carborundum (Carborundum)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon Jun 2022 | 666.70 | 674.00 | 682.50 | 651.05 | 0.514 times |
| 17 Fri Jun 2022 | 685.25 | 691.00 | 703.40 | 669.60 | 1.156 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 |
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 |
| 20 Mon Jun 2022 | 666.70 | 725.10 | 731.50 | 651.05 | 0.545 times |
| 31 Tue May 2022 | 720.40 | 777.00 | 777.00 | 685.00 | 0.842 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, 34 | Sell |
| MACD | -29, -29 | Buy |
| Stochastics | 52 | None |
| CCI | -127 | Sell |
| RSI | 55 | Buy |
| OBV | -38998 | Sell |
| VWAP | 682 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Carborundum in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Carborundum is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 682.44 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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