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 2024-09-20 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 189508

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	599.90	591.15	602.20	591.15	1.195 times
19 Thu Sep 2024	590.40	589.50	592.00	580.55	0.514 times
18 Wed Sep 2024	589.45	591.05	597.00	585.00	0.634 times
17 Tue Sep 2024	591.05	583.40	592.95	577.00	0.715 times
16 Mon Sep 2024	583.40	575.30	591.90	572.05	1.821 times
13 Fri Sep 2024	574.60	579.35	582.40	572.50	1.797 times
12 Thu Sep 2024	579.35	588.50	590.45	577.55	0.676 times
11 Wed Sep 2024	588.45	595.00	595.00	585.25	0.514 times
10 Tue Sep 2024	593.60	585.00	596.00	583.70	0.643 times
09 Mon Sep 2024	584.95	593.00	595.75	581.35	1.816 times

My analysis of stock is bullish for shortterm, and stock might move up till 613.6 or till 631. Use a stoploss of 599.18 and if this stock hits its stoploss, then it can fall down till 584.73

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	568.10
Downside Target	590.20
Upside Target	618.30
Upside Target	619.50
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	580.57
Downside Intraday Target	561.23
Upside Intraday Target	610.72
Upside Intraday Target	621.53
Downside Intraday Target	591.38

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	599.90	575.30	602.20	572.05	0.896 times
13 Fri Sep 2024	574.60	593.00	596.00	572.50	1.538 times
06 Fri Sep 2024	598.55	619.50	619.50	595.10	0.586 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

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
20 Fri Sep 2024	599.90	619.50	619.50	572.05	0.189 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 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 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. Bulls are getting stronger in this stock.

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 585.92 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 positive

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