Overall Technical outlook

Price Summary

The stock of Carborundum Universal Limited experienced a -2.19% tumble, showcasing a unimpressive market performance.
On 2025-06-12, Carborundum Universal Limited's stock began at 953.45, climbed to 956.3, dropped to 927.65, and had -2.19% to end at 932.6, with a volume of 103494 shares.
Over the past 52 weeks, the stock reached a maximum price of 1800.8 and a minimum price of 831.65.
Future price predictions suggest a range between 738.0 and 1170.0, with an average expected price of 966.1, as per 10 analysts.

Technicals

Support and Resistance: The current price of 932.6 is supported at 899.45, with resistance at 948.5. This suggests that the price for CARBORUNIV might remain between these levels, where 899.45 acts as a floor and 948.5 as a ceiling in the market.
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Support/Resistance for CARBORUNIV


Aroon: Aroon's bearish trend persists, with Aroon Down remaining at 100. This consistent downward momentum suggests continued declines, but further analysis is necessary using other indicators to fully comprehend the trend's future direction.
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Aroon chart for Carborundum Universal Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Bolinger Bands chart for Carborundum Universal Limited


Parabolic SAR: The PSAR for CARBORUNIV remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains.
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Parabolic Stop and Reverse chart for Carborundum Universal Limited


Stochastic: With the Stochastic K-line for Carborundum Universal Limited dipping below the D-line and under 20, the current market conditions reflect a mildly bearish outlook. This positioning indicates a potential downturn, though the bearish sentiment remains moderate. Traders may want to keep an eye on this trend for additional signals before taking action.
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Stochastic chart for Carborundum Universal Limited


Tripple Moving Agerage: The moving averages for the 20-50-100 periods indicate a bullish trend, though the slopes of the faster averages suggest that this trend may not last. The weakening signals from the shorter-term averages point to a potential reversal, indicating that the current upward momentum could be approaching a turning point.
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Tripple SMA chart for Carborundum Universal Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.