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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 2022-06-24 View latest technical analysis

10 day averaged volume of Carborundum is 5048

Date Daily Closing Price Open High Low Volume
24 Fri Jun 2022 675.20 674.55 682.15 667.85 1.014 times
23 Thu Jun 2022 670.00 662.90 676.95 662.90 0.493 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 0.567 times
20 Mon Jun 2022 666.70 674.00 682.50 651.05 2.399 times
17 Fri Jun 2022 685.25 694.65 694.90 675.00 0.804 times
16 Thu Jun 2022 694.90 691.00 701.10 682.05 0.705 times
15 Wed Jun 2022 693.45 698.90 703.40 690.80 0.772 times
14 Tue Jun 2022 693.70 680.00 698.90 680.00 0.795 times
13 Mon Jun 2022 690.20 691.00 701.65 669.60 1.588 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 670.5 as stoploss in an intra day buy trade for a target of 687.06. However, stock will show a bearish move below 670.5.

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 656.67
Downside Intraday Target 638.13
Upside Intraday Target 688.12
Upside Intraday Target 701.03
Downside Intraday Target 669.58

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
24 Fri Jun 2022 675.20 674.00 682.50 651.05 1.008 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
24 Fri Jun 2022 675.20 725.10 731.50 651.05 0.638 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 19, 22, 9 Sell
MACD -30, -30Buy
Stochastics 33None
CCI -23Buy
RSI 57Buy
OBV -20319Sell
VWAP 680Sell
ADL 0Sell
ROC -2Sell
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 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 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 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

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 679.79 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

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Daily charts

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