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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 2024-09-04 View latest technical analysis

10 day averaged volume of Carborundum Universal is 150620

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	1513.05	1507.50	1528.45	1507.00	0.36 times
03 Tue Sep 2024	1515.00	1515.00	1532.00	1506.65	1.157 times
02 Mon Sep 2024	1513.40	1526.70	1529.90	1505.75	0.489 times
30 Fri Aug 2024	1524.80	1519.00	1529.00	1504.25	0.324 times
29 Thu Aug 2024	1512.90	1514.00	1532.00	1505.00	1.072 times
28 Wed Aug 2024	1509.80	1541.30	1558.95	1508.00	0.633 times
27 Tue Aug 2024	1541.30	1539.40	1565.00	1531.15	2.365 times
26 Mon Aug 2024	1540.30	1560.30	1566.05	1533.05	0.466 times
23 Fri Aug 2024	1568.10	1584.00	1593.00	1555.30	0.598 times
22 Thu Aug 2024	1579.10	1589.05	1667.00	1556.40	2.052 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1518.8, but if it comes above 1518.8, then a intra day buy could be more profitable.
If you take a sell trade below 1518.8, then use 1518.8 as stoploss and 1487.6 as target. However if you take a buy trade in stock , then use 1518.8 as stoploss and 1544.78 as target.

Share price targets for Carborundum Universal (CARBORUNIV)

Target Type	Value
Downside Target	1403.20
Downside Target	1500.00
Upside Target	1566.05
Upside Target	1607.60
Upside Target	1608.90
Upside Target	1667.00
Upside Target	1691.00
Upside Target	1735.15
Upside Target	1790.00
Upside Target	1800.00
Upside Target	1841.15

Intraday share price targets for Carborundum Universal (CARBORUNIV)

Target Type	Value
Downside Intraday Target	1501.87
Downside Intraday Target	1490.68
Upside Intraday Target	1528.12
Upside Intraday Target	1543.18
Upside Intraday Target	1516.93

Weekly technical analysis of Carborundum Universal (CARBORUNIV)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	1513.05	1526.70	1532.00	1505.75	0.413 times
30 Fri Aug 2024	1524.80	1560.30	1566.05	1504.25	0.836 times
23 Fri Aug 2024	1568.10	1593.40	1667.00	1528.00	1.911 times
16 Fri Aug 2024	1577.80	1510.20	1608.90	1506.80	0.332 times
09 Fri Aug 2024	1524.15	1580.00	1691.00	1520.00	2.538 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
04 Wed Sep 2024	1513.05	1526.70	1532.00	1505.75	0.083 times
30 Fri Aug 2024	1524.80	1719.35	1735.15	1504.25	0.703 times
31 Wed Jul 2024	1718.80	1685.00	1790.00	1607.60	1.447 times
28 Fri Jun 2024	1669.75	1642.50	1841.15	1500.00	0.519 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is gaining 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Carborundum Universal in short term and SELL signal is strong!

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 1539.53 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.