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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 14132

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 1494.35 1492.40 1510.20 1469.35 0.408 times
07 Tue May 2024 1494.60 1513.75 1516.75 1481.00 0.295 times
06 Mon May 2024 1515.70 1444.85 1545.00 1402.65 2.124 times
03 Fri May 2024 1444.85 1515.00 1515.00 1426.00 2.027 times
02 Thu May 2024 1507.85 1418.65 1550.05 1418.65 1.894 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1460, but if it comes below 1460, then a intra day sell could be more profitable.
If you take a sell trade below 1460, then use 1460 as stoploss and 1357.6 as target. However if you take a buy trade in stock , then use 1460 as stoploss and 1582.8 as target.

Share price targets for Carborundum (Carborundum)

Target Type Value
Downside Target 1026.00
Downside Target 1106.60
Downside Target 1178.70
Downside Target 1207.15
Downside Target 1240.45
Downside Target 1280.00
Downside Target 1402.65
Downside Target 1409.40
Downside Target 1462.00
Upside Target 1499.00
Upside Target 1545.00
Upside Target 1550.05

Intraday share price targets for Carborundum (Carborundum)

Target Type Value
Downside Intraday Target 1416.33
Downside Intraday Target 1338.32
Upside Intraday Target 1558.68
Upside Intraday Target 1623.02
Downside Intraday Target 1480.67

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 1494.35 1444.85 1545.00 1402.65 0.545 times
03 Fri May 2024 1444.85 1440.00 1550.05 1409.40 1.937 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

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
08 Wed May 2024 1494.35 1418.65 1550.05 1402.65 0.75 times
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

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 29, 6, 66 Buy
MACD 141, 125Buy
Stochastics 82Buy
CCI 76Sell
RSI 69Buy
OBV 11335Sell
VWAP 1467Buy
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 losing 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 stronger in this stock.

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 SELL signal for Carborundum in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1466.84 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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