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Stock analysis Carborundum Universal Limited CARBORUNIV

More indepth analysis on MunafaSutra.com

Moving Averages for Carborundum Universal Limited

  • 5Day Average: 1527.29
  • 12Day Average: 1498.74
  • 20Day Average: 1434.84
  • 50Day Average: 1282.01
  • 100Day Average: 1200.69
  • 150Day Average: 1178.23
  • 200Day Average: 1175.92

CARBORUNIV Indicators & signals

Indicator MACD (12,26,9)

1495.78, 1417.18, 70.89
Indicator MACD is in positive zone

Indicator ADX (14)

74.58, 40.45, 5.89
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 65
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CARBORUNIV Carborundum Universal Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
16 Thu May 2024 1646.20 1541.00 to 1715.00 7.35% 4.05 times
15 Wed May 2024 1533.50 1499.35 to 1538.45 3.18% 0.34 times
14 Tue May 2024 1486.30 1471.35 to 1532.30 -1.36% 0.32 times
13 Mon May 2024 1506.75 1470.15 to 1523.00 2.94% 0.47 times
10 Fri May 2024 1463.70 1443.80 to 1485.00 -0.29% 0.45 times
09 Thu May 2024 1468.00 1454.35 to 1498.75 -2.06% 0.32 times
08 Wed May 2024 1498.85 1471.00 to 1508.95 0.26% 0.43 times
07 Tue May 2024 1494.95 1480.15 to 1514.00 -1.4% 3.06 times
06 Mon May 2024 1516.25 1403.20 to 1545.00 5.19% 2.18 times
03 Fri May 2024 1441.45 1425.10 to 1513.90 -4.32% 0.55 times
02 Thu May 2024 1506.60 1425.95 to 1550.00 5.93% 1.87 times
30 Tue Apr 2024 1422.30 1411.05 to 1499.00 -1.51% 0.41 times

Technical analysis forecast of Carborundum Universal Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Carborundum Universal Limited CARBORUNIV at this time. Stock is rising and might rise more.

It appears as if Carborundum Universal Limited CARBORUNIV gave a large move recently.

Stock of Carborundum Universal Limited (CARBORUNIV) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Carborundum Universal Limited 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 1672.7, for a target of 1550.1 or 1447.83

More indepth analysis on MunafaSutra.com