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 2024-10-09 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 289406

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	589.55	592.05	606.40	588.25	0.424 times
08 Tue Oct 2024	590.05	587.70	597.10	576.90	1.276 times
07 Mon Oct 2024	587.40	615.00	620.85	585.05	1.217 times
04 Fri Oct 2024	604.65	616.95	618.50	602.75	0.605 times
03 Thu Oct 2024	615.25	619.05	623.20	610.00	0.77 times
01 Tue Oct 2024	623.15	606.00	626.25	600.80	1.143 times
30 Mon Sep 2024	606.30	617.75	617.75	601.60	0.381 times
27 Fri Sep 2024	608.75	616.80	618.80	606.35	0.367 times
26 Thu Sep 2024	614.45	628.60	630.60	612.70	0.457 times
25 Wed Sep 2024	626.25	623.10	637.90	616.05	0.874 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 584.3 as stoploss in an intra day buy trade for a target of 599.23. However, stock will show a bearish move below 584.3.

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	568.10
Downside Target	589.30
Upside Target	620.85
Upside Target	626.15
Upside Target	626.25
Upside Target	637.90
Upside Target	657.25
Upside Target	672.00
Upside Target	730.00

Intraday share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Intraday Target	570.68
Downside Intraday Target	551.82
Upside Intraday Target	614.63
Upside Intraday Target	639.72
Upside Intraday Target	595.77

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	589.55	615.00	620.85	576.90	1.006 times
04 Fri Oct 2024	604.65	617.75	626.25	600.80	0.514 times
27 Fri Sep 2024	608.75	599.90	637.90	589.30	1.766 times
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

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
09 Wed Oct 2024	589.55	606.00	626.25	576.90	0.36 times
30 Mon Sep 2024	606.30	619.50	637.90	572.05	0.314 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rhi Magnesita in short term and the sell 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Rhi Magnesita in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY 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 605.82 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 negative.

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