Overall Technical outlook

Price Summary

Carborundum Universal Limited's stock slumped -4.09% today, reflecting an unimpressivending market day.
On 2026-02-02, Carborundum Universal Limited's shares started at 786.6, peaked at 786.6, bottomed out at 748.5, and ended -4.09% lower at 754.4, with 479466 shares traded.
In the last 52 weeks, the stock's top price was 1149.85 and the bottom price was 754.4.
According to 8 analysts, the future price is anticipated to vary between 732.0 and 1050.0, with an average expected price of around 908.25.

Technicals


Aroon: The AROON indicator shows a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying depressed. This suggests a continuation of the downward trend, indicating that bearish momentum remains strong. The steady low level of the Aroon Oscillator suggests further weakness in the market.
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Aroon chart for Carborundum Universal Limited


Bol. Bands: The price has crossed under the lower Bollinger Band, signaling that the market might be oversold. This downward movement suggests heightened selling pressure, which could mean a continuation of the bearish trend. However, prices falling below the lower band can also serve as an early warning of a potential reversal if buying interest picks up at these depressed levels.
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Bolinger Bands chart for Carborundum Universal Limited


Parabolic SAR: The PSAR has recently shifted from bullish to bearish, signaling a potential downward trend. If this move is confirmed by other indicators, it could be a strong bearish signal. Investors should watch for further confirmation before considering this as an indicator of a broader market decline.
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Parabolic Stop and Reverse chart for Carborundum Universal Limited


Stochastic: The current reading of the STOCHASTIC is neutral for CARBORUNIV, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Stochastic chart for Carborundum Universal Limited


Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages for CARBORUNIV, but this strength is tempered by the slopes of the faster averages, which hint at a possible reversal. The overall trend remains positive, yet the weakening signals from the shorter-term averages suggest that a change in direction may be imminent.
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Tripple SMA chart for Carborundum Universal Limited


Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.