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Stock analysis Carborundum Universal Limited CARBORUNIV

More indepth analysis on MunafaSutra.com

Moving Averages for Carborundum Universal Limited

  • 5Day Average: 1319.84
  • 12Day Average: 1341.09
  • 20Day Average: 1372.85
  • 50Day Average: 1405.71
  • 100Day Average: 1463.37
  • 150Day Average: 1536.73
  • 200Day Average: 1489.15

CARBORUNIV Indicators & signals

Indicator MACD (12,26,9)

1342.78, 1371.02, -23.32
Indicator MACD is in negative zone

Indicator ADX (14)

4.17, 18.46, 16.98
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
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
20 Fri Dec 2024 1315.30 1296.20 to 1372.00 -0.57% 1.6 times
19 Thu Dec 2024 1322.90 1301.00 to 1340.05 0.35% 0.51 times
18 Wed Dec 2024 1318.35 1308.40 to 1330.00 0% 0.33 times
18 Wed Dec 2024 1318.35 1308.40 to 1330.00 -0.45% 0.33 times
17 Tue Dec 2024 1324.30 1314.45 to 1347.30 -0.82% 0.51 times
16 Mon Dec 2024 1335.20 1307.85 to 1347.25 -0.72% 2.21 times
13 Fri Dec 2024 1344.85 1332.85 to 1361.00 -1.17% 0.34 times
12 Thu Dec 2024 1360.75 1348.20 to 1396.05 -1.66% 0.37 times
11 Wed Dec 2024 1383.75 1347.35 to 1412.40 3.34% 4.23 times
10 Tue Dec 2024 1339.05 1331.00 to 1376.30 -2.01% 0.7 times
09 Mon Dec 2024 1366.45 1357.05 to 1385.95 0.19% 0.48 times
06 Fri Dec 2024 1363.85 1360.00 to 1396.85 -1.69% 0.68 times

Technical analysis forecast for Carborundum Universal Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Carborundum Universal Limited CARBORUNIV at this time. Stock is falling and might fall more.

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

Stock of Carborundum Universal Limited (CARBORUNIV) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Carborundum Universal Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Carborundum Universal Limited stays below 1316.3, but if it comes above 1316.3, then a intra day buy could be more profitable.
If you take a sell trade below 1316.3, then use 1316.3 as stoploss and 1263.2 as target. However if you take a buy trade in Carborundum Universal Limited, then use 1316.3 as stoploss and 1360.67 as target.

More indepth analysis on MunafaSutra.com