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Technicals for Carborundum Universal Limited
By MusingTheNews
2025-07-16 20:28
Overall Technical outlook
Price Summary
On 2025-07-15, Carborundum Universal Limited's shares started at 997.0, peaked at 1003.95, bottomed out at 982.15, and ended -1.15% down at 985.5, with 81372 shares traded. The stock's highest price in the past 52 weeks is 1751.15, while its lowest price during the same period is 831.65. 10 analysts forecast that the price of CARBORUNIV will range from 738.0 to 1170.0, with an average expected price near 966.1.
Technicals
Support and Resistance: The current price for CARBORUNIV is 985.5, supported at 948.5 with resistance at 999.5. This indicates a trading range where 948.5 might prevent further declines, while 999.5 could hinder additional gains. Support/Resistance for CARBORUNIV
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Carborundum Universal Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for CARBORUNIV, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Carborundum Universal Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Carborundum Universal Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Carborundum Universal Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Carborundum Universal Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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