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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 2024-10-18 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 286450

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	605.70	613.80	614.20	594.95	0.413 times
17 Thu Oct 2024	608.80	628.70	628.70	606.00	0.498 times
16 Wed Oct 2024	628.30	628.95	631.00	613.70	0.901 times
15 Tue Oct 2024	625.80	600.45	640.00	595.55	3.016 times
14 Mon Oct 2024	599.50	597.00	606.95	592.00	1.048 times
11 Fri Oct 2024	596.25	588.80	598.20	585.45	0.456 times
10 Thu Oct 2024	587.30	590.90	605.20	584.70	0.523 times
09 Wed Oct 2024	589.55	592.05	606.40	588.25	0.429 times
08 Tue Oct 2024	590.05	587.70	597.10	576.90	1.289 times
07 Mon Oct 2024	587.40	615.00	620.85	585.05	1.229 times

My analysis of stock is bearish for shortterm, and stock might move down till 593.8 or till 577.9. Use a stoploss of 606.98 and if the stock hits stoploss, then it can shoot up till 620.18

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	585.13
Downside Intraday Target	564.57
Upside Intraday Target	633.13
Upside Intraday Target	660.57
Upside Intraday Target	612.57

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	605.70	597.00	640.00	592.00	1.497 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
18 Fri Oct 2024	605.70	606.00	640.00	576.90	0.809 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 tired and bears are picking up momentum.

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 but SELL 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 606.98 and Rhi Magnesita (RHIM) stock is trading below this level. This means that stock is falling with high volumes. 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.