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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 2024-10-17 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 294484

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	608.80	628.70	628.70	606.00	0.484 times
16 Wed Oct 2024	628.30	628.95	631.00	613.70	0.877 times
15 Tue Oct 2024	625.80	600.45	640.00	595.55	2.934 times
14 Mon Oct 2024	599.50	597.00	606.95	592.00	1.019 times
11 Fri Oct 2024	596.25	588.80	598.20	585.45	0.444 times
10 Thu Oct 2024	587.30	590.90	605.20	584.70	0.509 times
09 Wed Oct 2024	589.55	592.05	606.40	588.25	0.417 times
08 Tue Oct 2024	590.05	587.70	597.10	576.90	1.254 times
07 Mon Oct 2024	587.40	615.00	620.85	585.05	1.196 times
04 Fri Oct 2024	604.65	616.95	618.50	602.75	0.595 times

My analysis of stock is bullish for shortterm, and stock might move up till 619.9 or till 636.3. Use a stoploss of 606.21 and if this stock hits its stoploss, then it can fall down till 592.52

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	568.10
Downside Target	589.30
Upside Target	620.85
Upside Target	626.25
Upside Target	637.90
Upside Target	640.00
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	587.2
Downside Intraday Target	565.6
Upside Intraday Target	635.2
Upside Intraday Target	661.6
Upside Intraday Target	613.6

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	608.80	597.00	640.00	592.00	1.391 times
11 Fri Oct 2024	596.25	615.00	620.85	576.90	1.34 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

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
17 Thu Oct 2024	608.80	606.00	640.00	576.90	0.782 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 up 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 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 neutral. A longer time frame might give a better analysis.

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

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

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 below the red cloud Prices appear to be coming down

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

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 606.89 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 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.