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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 2022-06-23 View latest technical analysis

10 day averaged volume of Carborundum is 5054

Date Daily Closing Price Open High Low Volume
23 Thu Jun 2022 670.00 662.90 676.95 662.90 0.492 times
22 Wed Jun 2022 662.70 664.35 665.70 655.30 0.231 times
21 Tue Jun 2022 665.00 675.00 675.00 653.95 0.566 times
20 Mon Jun 2022 666.70 674.00 682.50 651.05 2.396 times
17 Fri Jun 2022 685.25 694.65 694.90 675.00 0.803 times
16 Thu Jun 2022 694.90 691.00 701.10 682.05 0.704 times
15 Wed Jun 2022 693.45 698.90 703.40 690.80 0.771 times
14 Tue Jun 2022 693.70 680.00 698.90 680.00 0.794 times
13 Mon Jun 2022 690.20 691.00 701.65 669.60 1.586 times
10 Fri Jun 2022 690.25 658.95 708.00 658.95 1.643 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 671.6, but if it comes above 671.6, then a intra day buy could be more profitable.
If you take a sell trade below 671.6, then use 671.6 as stoploss and 651.8 as target. However if you take a buy trade in stock , then use 671.6 as stoploss and 688.04 as target.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 651.05
Downside 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 653.2
Downside Intraday Target 636.4
Upside Intraday Target 684.65
Upside Intraday Target 699.3
Downside Intraday Target 667.85

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
23 Thu Jun 2022 670.00 674.00 682.50 651.05 0.791 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
23 Thu Jun 2022 670.00 725.10 731.50 651.05 0.597 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 17, 24, 17 Sell
MACD -31, -30Sell
Stochastics 26Sell
CCI -58Buy
RSI 58Buy
OBV -27423Sell
VWAP 682Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Carborundum in short term and the sell signal is strong.

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

Carborundum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Carborundum in short term but BUY signal is weak.

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 681.97 and Carborundum (Carborundum) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Carborundum (Carborundum) stock. Volume based technical analysis of Carborundum (Carborundum) stock is negative.

Carborundum Stock is giving positive 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

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Daily charts

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Daily chart

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