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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)

Carborundum Universal trades in NSE in Other Industrial Products sector.

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Carborundum Universal is 235261

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1069.30	1050.10	1080.00	1034.30	0.592 times
28 Wed Feb 2024	1055.70	1035.00	1065.85	1033.95	2.323 times
27 Tue Feb 2024	1037.00	1065.00	1070.00	1025.60	1.395 times
26 Mon Feb 2024	1065.60	1090.40	1097.60	1060.00	1.028 times
23 Fri Feb 2024	1090.45	1089.00	1101.90	1083.10	0.357 times
22 Thu Feb 2024	1087.50	1083.15	1095.85	1080.00	0.604 times
21 Wed Feb 2024	1083.15	1101.70	1105.05	1072.05	0.838 times
20 Tue Feb 2024	1097.90	1090.25	1111.00	1090.25	0.892 times
19 Mon Feb 2024	1090.25	1114.60	1128.15	1089.00	0.628 times
16 Fri Feb 2024	1114.60	1110.00	1134.00	1100.25	1.071 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1071.4, but if it comes above 1071.4, then a intra day buy could be more profitable.
If you take a sell trade below 1071.4, then use 1071.4 as stoploss and 1034.8 as target. However if you take a buy trade in stock , then use 1071.4 as stoploss and 1102.02 as target.

Share price targets for Carborundum Universal (CARBORUNIV)

Target Type	Value
Downside Target	1025.60
Downside Target	1047.25
Upside Target	1128.15
Upside Target	1151.65
Upside Target	1179.00
Upside Target	1180.00
Upside Target	1204.00
Upside Target	1218.00
Upside Target	1219.25
Upside Target	1229.00

Intraday share price targets for Carborundum Universal (CARBORUNIV)

Target Type	Value
Downside Intraday Target	1030.73
Downside Intraday Target	992.17
Upside Intraday Target	1102.73
Upside Intraday Target	1136.17
Downside Intraday Target	1064.17

Weekly technical analysis of Carborundum Universal (CARBORUNIV)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1069.30	1090.40	1097.60	1025.60	1.608 times
23 Fri Feb 2024	1090.45	1114.60	1128.15	1072.05	1.029 times
16 Fri Feb 2024	1114.60	1132.00	1180.00	1100.00	1.17 times
09 Fri Feb 2024	1133.30	1115.70	1179.00	1075.00	0.829 times
02 Fri Feb 2024	1115.70	1149.00	1151.65	1106.10	0.643 times

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

Monthly technical analysis of Carborundum Universal (CARBORUNIV)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1069.30	1130.00	1180.00	1025.60	1.135 times
31 Wed Jan 2024	1124.65	1117.95	1218.00	1105.15	0.97 times
29 Fri Dec 2023	1113.40	1181.00	1229.00	1079.95	0.592 times
30 Thu Nov 2023	1190.10	1073.70	1219.25	1047.25	1.789 times

Scroll below to view daily charts

Price has moved down 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 Universal (CARBORUNIV)

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 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 mid to longer 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.

ADX buy sell signal for Carborundum Universal stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Carborundum Universal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Carborundum Universal in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 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 1073.09 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.