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Technicals for Carborundum Universal Limited
By MusingTheNews
2025-08-15 20:28
Overall Technical outlook
Price Summary
2025-08-13, saw CARBORUNIV's stock open at 847.8, hit a peak of 854.95, fall to a low of 841.7, and close lower -0.27% at 845.55, with 108302 shares changing hands. In the 52-week period, the stock's peak price is 1579.1, and the lowest price recorded is 831.65. Analysts expect the price of CARBORUNIV to vary between 679.0 and 1040.0, with an average expected price near 897.5.
Technicals
Support and Resistance: The price of 845.55 is supported at 844.45 and faces resistance at 899.45. This range suggests key levels for CARBORUNIV where the price may stabilize, with 844.45 acting as a support and 899.45 as a cap on gains. Support/Resistance for CARBORUNIV
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Carborundum Universal Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Carborundum Universal Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Carborundum Universal Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for CARBORUNIV. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Carborundum Universal Limited
Stochastic: The stochastic indicator for CARBORUNIV shows the K-line crossing over the D-line while remaining below 20, which is generally seen as the start of a bullish move. This setup indicates that the market may be emerging from a lower level, potentially signaling the beginning of an uptrend. Traders could view this as an early buying signal. Stochastic chart for Carborundum Universal Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, though the weakening slopes of the shorter-term averages raise concerns about a potential reversal. While the overall momentum is still upward, the indications from the faster averages suggest that the trend might be nearing its end, warranting caution. Tripple SMA chart for Carborundum Universal Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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