Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-29 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 1192801

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	609.65	625.00	625.00	605.60	0.167 times
28 Wed Aug 2024	620.10	621.00	629.30	617.25	0.182 times
27 Tue Aug 2024	623.05	629.65	631.75	621.10	0.196 times
26 Mon Aug 2024	629.95	638.50	638.50	622.90	0.16 times
23 Fri Aug 2024	629.95	633.30	641.85	627.60	0.101 times
22 Thu Aug 2024	633.30	635.50	649.80	631.00	0.31 times
21 Wed Aug 2024	631.80	630.95	634.30	626.30	0.094 times
20 Tue Aug 2024	630.45	639.75	642.50	628.35	0.25 times
19 Mon Aug 2024	637.65	629.00	642.00	618.30	0.661 times
16 Fri Aug 2024	627.35	625.00	672.00	621.55	7.998 times

My analysis of stock is bullish for shortterm, and stock might move up till 628.9 or till 652.1. Use a stoploss of 609.51 and if this stock hits its stoploss, then it can fall down till 590.14

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	556.90
Downside Target	568.10
Downside Target	587.75
Upside Target	618.30
Upside Target	638.50
Upside Target	649.80
Upside Target	657.25
Upside Target	672.00
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	597.33
Downside Intraday Target	585.02
Upside Intraday Target	630.23
Upside Intraday Target	650.82
Upside Intraday Target	617.92

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	609.65	638.50	638.50	605.60	0.497 times
23 Fri Aug 2024	629.95	629.00	649.80	618.30	0.166 times
16 Fri Aug 2024	627.35	604.95	672.00	587.75	17.806 times
09 Fri Aug 2024	597.65	596.00	604.15	570.20	0.524 times
02 Fri Aug 2024	599.10	613.90	622.40	594.65	0.922 times

Price has moved down 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
29 Thu Aug 2024	609.65	603.65	672.00	570.20	2.289 times
31 Wed Jul 2024	601.10	639.95	657.25	568.10	1.324 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 losing momentum.

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

Rhi Magnesita Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Rhi Magnesita in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 627.88 and Rhi Magnesita (RHIM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 positive

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