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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 15218

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1726.95 1664.95 1752.90 1606.60 1.398 times
16 Thu May 2024 1646.10 1549.90 1716.15 1540.45 3.919 times
15 Wed May 2024 1537.65 1501.35 1544.20 1495.20 0.623 times
14 Tue May 2024 1486.95 1526.60 1527.30 1473.70 0.294 times
13 Mon May 2024 1503.90 1483.80 1523.15 1471.00 0.7 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1699.4, for a target of 1568.6 or 1459.68

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 1250.00
Downside Target 1280.00
Downside Target 1402.65
Downside Target 1462.00
Downside Target 1471.00
Downside Target 1499.00
Downside Target 1545.00
Downside Target 1550.05
Upside Target 1752.90

Intraday share price targets for Carborundum (Carborundum)

Target Type Value
Downside Intraday Target 1547.67
Downside Intraday Target 1368.38
Upside Intraday Target 1829.57
Upside Intraday Target 1932.18
Downside Intraday Target 1650.28

Weekly technical analysis of Carborundum (Carborundum)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1726.95 1483.80 1752.90 1471.00 2.261 times
10 Fri May 2024 1467.20 1444.85 1545.00 1402.65 0.637 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Carborundum (Carborundum)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1726.95 1418.65 1752.90 1402.65 1.632 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Carborundum (Carborundum)

Indicator Name Indicator Value Indicator Signal
ADX 39, 3, 85 Buy
MACD 170, 144Buy
Stochastics 87Buy
CCI 204Buy
RSI 72Buy
OBV 135923Sell
VWAP 1592Buy
ADL 0Sell
ROC 20Buy
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 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 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 1592.38 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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