Overall Technical outlook

Price Summary

On 2025-04-25, Carborundum Universal Limited's shares started at 1044.6, peaked at 1044.6, bottomed out at 1002.3, and ended -1.78% down at 1026.0, with 76964 shares traded.
The stock's highest price in the past 52 weeks is 1800.8, while its lowest price during the same period is 831.65.
The price outlook for CARBORUNIV is between 862.0 and 1330.0, with an average expectation of 1098.5, as estimated by 10 analysts.

Technicals

Support and Resistance: At 1026.0, the price for CARBORUNIV is supported at 999.5 and resisted at 1076.6. This indicates a trading range where 999.5 serves as a support level, potentially preventing further decline, while 1076.6 could limit upward movement.
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Support/Resistance for CARBORUNIV


Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Aroon chart for Carborundum Universal Limited


Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Bolinger Bands chart for Carborundum Universal Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Carborundum Universal Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Carborundum Universal Limited


Stochastic: The stochastic indicator reflects the K-line falling below the D-line, while remaining above 80, signaling the potential start of a bearish price move. This suggests that the market may be losing steam, with a possible decline on the horizon. Traders should monitor this development for further signs of a downturn.
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Stochastic chart for Carborundum Universal Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for CARBORUNIV, with no strong trend emerging.
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Tripple SMA chart for Carborundum Universal Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.