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(CARBORUNIV) Carborundum Universal complete technical analysis [charts+indicators] | Buy/Sell Carborundum Universal | (CARBORUNIV) share price targets

Complete technical analysis of Carborundum Universal (CARBORUNIV) by charts plus indicators, forecast predictions and share price targets for Carborundum Universal (CARBORUNIV)

10 day averaged volume of Carborundum Universal is 136615

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 1593.40 1597.00 1631.20 1570.00 1.184 times
30 Thu May 2024 1590.45 1603.05 1645.00 1583.80 1.519 times
29 Wed May 2024 1595.00 1606.50 1618.95 1589.60 0.32 times
28 Tue May 2024 1603.55 1618.00 1631.20 1587.65 0.452 times
27 Mon May 2024 1618.00 1660.80 1664.85 1609.60 0.567 times

My analysis of stock is bearish for shortterm, and stock might move down till 1500.8 or till 1388.1. Use a stoploss of 1594.7 and if the stock hits stoploss, then it can shoot up till 1688.61

Share price targets for Carborundum Universal (CARBORUNIV)

Target Type Value
Downside Target 1025.60
Downside Target 1105.15
Downside Target 1180.00
Downside Target 1291.00
Downside Target 1403.20
Downside Target 1470.15
Downside Target 1545.00
Downside Target 1570.00
Upside Target 1626.40
Upside Target 1664.85
Upside Target 1755.35
Upside Target 1800.00

Intraday share price targets for Carborundum Universal (CARBORUNIV)

Target Type Value
Downside Intraday Target 1553.98
Downside Intraday Target 1514.57
Upside Intraday Target 1648.83
Upside Intraday Target 1704.27
Upside Intraday Target 1609.42

Weekly technical analysis of Carborundum Universal (CARBORUNIV)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 1593.40 1660.80 1664.85 1570.00 0.678 times
24 Fri May 2024 1652.50 1738.00 1800.00 1626.40 0.355 times
17 Fri May 2024 1731.05 1477.00 1755.35 1470.15 0.968 times
10 Fri May 2024 1463.70 1450.00 1545.00 1403.20 2.092 times
03 Fri May 2024 1441.45 1441.00 1550.00 1410.00 0.917 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 Universal (CARBORUNIV)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 1593.40 1426.00 1800.00 1403.20 2.068 times
30 Tue Apr 2024 1422.30 1267.45 1499.00 1203.30 0.764 times
28 Thu Mar 2024 1268.35 1079.70 1291.00 1045.05 1.111 times
29 Thu Feb 2024 1069.30 1130.00 1180.00 1025.60 1.135 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 Universal (CARBORUNIV)

Indicator Name Indicator Value Indicator Signal
ADX 22, 19, 7 Buy
MACD 131, 157Sell
Stochastics 11Sell
CCI -80Sell
RSI 63Buy
OBV 811555Sell
VWAP 1659Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Carborundum Universal ( (CARBORUNIV) ) 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 Universal ( (CARBORUNIV) ) 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 Universal ( (CARBORUNIV) ) 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 Universal ( (CARBORUNIV) ) 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 Universal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Carborundum Universal in short term but the sell signal is initial and weak.

Carborundum Universal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Carborundum Universal in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Universal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1659.42 and Carborundum Universal (CARBORUNIV) 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 Universal (CARBORUNIV) stock. Volume based technical analysis of Carborundum Universal (CARBORUNIV) stock is negative.

Carborundum Universal Stock has given negative 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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