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(RHIM) Rhi Magnesita complete technical analysis [charts+indicators] | Buy/Sell Rhi Magnesita | (RHIM) share price targets

Complete technical analysis of Rhi Magnesita (RHIM) by charts plus indicators, forecast predictions and share price targets for Rhi Magnesita (RHIM)

Showing technical analysis as on 2024-07-26 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 361099

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	609.50	592.00	619.60	591.95	1.175 times
25 Thu Jul 2024	590.35	589.35	612.55	588.00	0.788 times
24 Wed Jul 2024	589.35	581.85	592.80	580.65	0.302 times
23 Tue Jul 2024	581.40	592.95	592.95	574.10	0.33 times
22 Mon Jul 2024	589.65	577.50	592.50	576.00	0.675 times
19 Fri Jul 2024	585.70	590.80	591.45	576.65	0.708 times
18 Thu Jul 2024	590.80	595.65	602.35	587.50	0.432 times
16 Tue Jul 2024	594.65	613.80	624.90	589.10	1.454 times
15 Mon Jul 2024	609.40	578.00	613.90	568.10	2.487 times
12 Fri Jul 2024	582.40	599.90	606.30	574.25	2.055 times

My analysis of stock is bullish for shortterm, and stock might move up till 628.6 or till 652.9. Use a stoploss of 608.39 and if this stock hits its stoploss, then it can fall down till 588.16

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	504.25
Downside Target	556.90
Downside Target	568.10
Upside Target	619.60
Upside Target	626.15
Upside Target	633.55
Upside Target	657.25
Upside Target	680.50
Upside Target	688.00
Upside Target	730.00
Upside Target	755.55

Intraday share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Intraday Target	582.53
Downside Intraday Target	555.57
Upside Intraday Target	628.03
Upside Intraday Target	646.57
Downside Intraday Target	601.07

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	609.50	577.50	619.60	574.10	0.643 times
19 Fri Jul 2024	585.70	578.00	624.90	568.10	1.12 times
12 Fri Jul 2024	582.40	629.95	633.55	574.25	2.853 times
05 Fri Jul 2024	627.20	639.95	657.25	626.00	0.38 times
28 Fri Jun 2024	637.15	676.00	680.50	626.15	2.059 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Rhi Magnesita (RHIM)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	609.50	639.95	657.25	568.10	1.163 times
28 Fri Jun 2024	637.15	730.00	730.00	626.15	0.509 times
31 Fri May 2024	707.15	653.00	755.55	590.20	1.237 times
30 Tue Apr 2024	650.25	558.10	688.00	556.90	1.12 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Rhi Magnesita (RHIM)

Price action analysis of Rhi Magnesita ( (RHIM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rhi Magnesita ( (RHIM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Rhi Magnesita ( (RHIM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rhi Magnesita ( (RHIM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Rhi Magnesita stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Rhi Magnesita in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rhi Magnesita Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rhi Magnesita in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Rhi Magnesita is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 595.44 and Rhi Magnesita (RHIM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Rhi Magnesita (RHIM) stock. Volume based technical analysis of Rhi Magnesita (RHIM) stock is negative.

Rhi Magnesita Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.