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 2024-09-02 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 283407

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	603.00	619.50	619.50	600.00	0.478 times
30 Fri Aug 2024	613.40	610.00	617.60	602.50	1.074 times
29 Thu Aug 2024	609.65	625.00	625.00	605.60	0.703 times
28 Wed Aug 2024	620.10	621.00	629.30	617.25	0.764 times
27 Tue Aug 2024	623.05	629.65	631.75	621.10	0.824 times
26 Mon Aug 2024	629.95	638.50	638.50	622.90	0.672 times
23 Fri Aug 2024	629.95	633.30	641.85	627.60	0.426 times
22 Thu Aug 2024	633.30	635.50	649.80	631.00	1.305 times
21 Wed Aug 2024	631.80	630.95	634.30	626.30	0.397 times
20 Tue Aug 2024	630.45	639.75	642.50	628.35	1.053 times

My analysis of stock is bearish for shortterm, and stock might move down till 591.1 or till 568.1. Use a stoploss of 610.33 and if the stock hits stoploss, then it can shoot up till 629.52

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	568.10
Downside Target	587.75
Upside Target	618.30
Upside Target	626.15
Upside Target	638.50
Upside Target	649.80
Upside Target	657.25
Upside Target	672.00
Upside Target	730.00
Upside Target	755.55

Intraday share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Intraday Target	595.5
Downside Intraday Target	588
Upside Intraday Target	615
Upside Intraday Target	627
Upside Intraday Target	607.5

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	603.00	619.50	619.50	600.00	0.118 times
30 Fri Aug 2024	613.40	638.50	638.50	602.50	0.677 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

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
02 Mon Sep 2024	603.00	619.50	619.50	600.00	0.01 times
30 Fri Aug 2024	613.40	603.65	672.00	570.20	2.34 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

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 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 SELL signal for Rhi Magnesita in short term but the sell signal is initial and weak.

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 red color and prices are below the red 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 623.13 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 has given negative 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.