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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 6365

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 1421.30 1430.55 1499.00 1413.20 1.139 times
29 Mon Apr 2024 1438.95 1440.00 1456.70 1409.40 1.667 times
26 Fri Apr 2024 1442.40 1451.10 1462.00 1415.00 0.815 times
25 Thu Apr 2024 1412.15 1342.00 1422.95 1340.00 3.132 times
24 Wed Apr 2024 1344.50 1299.00 1348.40 1299.00 0.47 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1377.2, but if it comes below 1377.2, then a intra day sell could be more profitable.
If you take a sell trade below 1377.2, then use 1377.2 as stoploss and 1310.32 as target. However if you take a buy trade in stock , then use 1377.2 as stoploss and 1457.5 as target.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 1026.00
Downside Target 1079.05
Downside Target 1106.60
Downside Target 1178.70
Downside Target 1207.15
Downside Target 1294.10
Downside Target 1317.30
Downside Target 1358.85
Downside Target 1409.40
Upside Target 1462.00
Upside Target 1499.00

Intraday share price targets for Carborundum (Carborundum)

Target Type Value
Downside Intraday Target 1387.47
Downside Intraday Target 1353.63
Upside Intraday Target 1477.07
Upside Intraday Target 1532.83
Upside Intraday Target 1443.23

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 1421.30 1440.00 1499.00 1409.40 0.472 times
26 Fri Apr 2024 1442.40 1250.00 1462.00 1250.00 2.401 times
19 Fri Apr 2024 1249.90 1225.05 1280.00 1207.15 0.804 times
12 Fri Apr 2024 1250.15 1277.00 1317.30 1240.45 0.542 times
05 Fri Apr 2024 1275.25 1265.95 1358.85 1257.85 2.142 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
30 Tue Apr 2024 1421.30 1265.95 1499.00 1207.15 1.06 times
28 Thu Mar 2024 1266.55 1084.50 1294.10 1040.50 1.548 times
29 Thu Feb 2024 1067.70 1121.10 1178.70 1026.00 0.495 times
31 Wed Jan 2024 1124.45 1122.95 1215.00 1106.60 1.26 times

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 41, 8, 66 Buy
MACD 112, 91Buy
Stochastics 86Buy
CCI 98Buy
RSI 67Buy
OBV -7442Sell
VWAP 1378Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Carborundum ( (Carborundum) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Carborundum ( (Carborundum) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Carborundum ( (Carborundum) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Carborundum ( (Carborundum) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Carborundum stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Carborundum in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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

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 1378.48 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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