Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Carnation Industries Limited

CARNATIN.BO•BSE
Industrials
Manufacturing - Metal Fabrication
₹82.96
₹-0.92(-1.10%)
Indian Market opens in 12h 37m

Carnation Industries Limited (CARNATIN.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Carnation Industries Limited (BSE:CARNATIN.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CARNATIN.BO Technical Analysis Summary

Carnation Industries Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 83.95)
Trend Strength:Very Strong (ADX: 78.93)
Volatility:Medium (ATR: 2.22)
Support/Resistance:$56.64 – $94.23 (Bollinger Bands)

Overall, Carnation Industries Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 83.95

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 83.74

Bearish
Overbought levels may trigger pullback.

Williams %R: -18.57

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 22.47

Strongly Bullish
Strong upside momentum.

Takeaway:Carnation Industries Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 8.60

Bullish
Bullish, trend momentum is strengthening.

ADX: 78.93

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.22

Medium
Medium volatility, healthy price movement.

CCI (14): 42.11

Bullish
Bullish, momentum building upward.

Takeaway:Carnation Industries Limited shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$94.23
Middle Band (SMA 20)
$75.44
Lower Band
$56.64
Current Position
Within Bands

Takeaway:Carnation Industries Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$79.70
Middle Line (EMA 20)
$75.26
Lower Channel
$70.81
Squeeze Status
No Squeeze

Takeaway:Carnation Industries Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume30.72K
Money Flow Index90.77Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index25.02Bearish, price momentum favors sellers.

Overall Takeaway:CARNATIN.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Carnation Industries Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Carnation Industries Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ