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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)

10 day averaged volume of Carborundum is 2720

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 989.85 964.40 994.75 964.40 1.031 times
29 Wed Mar 2023 966.75 942.90 971.85 934.60 0.554 times
28 Tue Mar 2023 939.40 942.80 944.95 924.40 0.707 times
27 Mon Mar 2023 946.55 925.15 952.90 924.15 1.044 times
24 Fri Mar 2023 933.75 948.80 955.70 925.70 1.342 times
23 Thu Mar 2023 950.55 954.15 967.90 945.85 1.796 times
22 Wed Mar 2023 960.55 956.35 966.30 956.35 0.311 times
21 Tue Mar 2023 956.20 962.90 974.90 952.05 0.838 times
20 Mon Mar 2023 959.95 950.25 972.45 947.60 1.335 times
17 Fri Mar 2023 962.10 971.20 985.45 958.05 1.405 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 996.3 as stoploss in an intra day sell trade for a target of 974.31. However, stock will show a bullish move above 996.3.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 787.50
Downside Target 853.70
Downside Target 908.95
Downside Target 957.20
Downside Target 979.90
Downside Target 982.00
Upside Target 994.75
Upside Target 1006.60
Upside Target 1014.95
Upside Target 1021.80
Upside Target 1045.00

Intraday share price targets for Carborundum (Carborundum)

Target Type Value
Downside Intraday Target 944.42
Downside Intraday Target 898.98
Upside Intraday Target 1015.02
Upside Intraday Target 1040.18
Downside Intraday Target 969.58

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 989.85 925.15 994.75 924.15 0.593 times
24 Fri Mar 2023 933.75 950.25 974.90 925.70 0.79 times
17 Fri Mar 2023 962.10 990.15 1006.60 958.05 0.844 times
10 Fri Mar 2023 994.85 1021.00 1045.00 979.90 0.687 times
03 Fri Mar 2023 1009.35 972.15 1014.95 957.20 1.33 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
31 Fri Mar 2023 989.85 979.40 1045.00 924.15 0.363 times
28 Tue Feb 2023 979.90 975.00 1021.80 957.20 1.011 times
31 Tue Jan 2023 972.20 853.70 982.00 853.70 1.754 times
30 Fri Dec 2022 874.30 859.90 908.95 800.00 1.269 times

Scroll below to view daily charts

Price has moved up 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 25, 17, 18 Buy
MACD -2, -2Buy
Stochastics 57None
CCI 165Buy
RSI 57Buy
OBV -24825Sell
VWAP 956Buy
ADL 0Sell
ROC 2Buy
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

ADX buy sell signal for Carborundum stock for short term is BUY. 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. Bulls are getting stronger in this stock.

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 and the buying is gaining 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 955.52 and Carborundum (Carborundum) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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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