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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 2024-11-12 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 131894

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	542.05	558.85	562.60	540.20	1.05 times
11 Mon Nov 2024	560.90	561.00	569.75	552.20	1.361 times
08 Fri Nov 2024	574.90	565.00	576.70	556.00	3.171 times
07 Thu Nov 2024	594.20	597.55	599.70	588.35	0.832 times
06 Wed Nov 2024	596.80	585.00	599.00	581.75	1.001 times
05 Tue Nov 2024	583.75	574.00	588.00	574.00	0.44 times
04 Mon Nov 2024	582.10	595.95	595.95	575.25	1.194 times
01 Fri Nov 2024	595.90	599.00	602.75	595.05	0.151 times
31 Thu Oct 2024	592.90	570.80	598.50	568.85	1.078 times
30 Wed Oct 2024	570.80	570.00	577.65	568.30	0.423 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 542.4, for a target of 564.8 or 583.49

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	540.20
Upside Target	556.00
Upside Target	592.00
Upside Target	602.75
Upside Target	611.30
Upside Target	637.90
Upside Target	640.00
Upside Target	657.25
Upside Target	672.00

Intraday share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Intraday Target	531.58
Downside Intraday Target	521.12
Upside Intraday Target	561.13
Upside Intraday Target	580.22
Upside Intraday Target	550.67

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	542.05	561.00	569.75	540.20	0.363 times
08 Fri Nov 2024	574.90	595.95	599.70	556.00	2.43 times
01 Fri Nov 2024	595.90	566.40	602.75	558.85	0.511 times
25 Fri Oct 2024	566.45	610.00	611.30	559.10	0.419 times
18 Fri Oct 2024	605.70	597.00	640.00	592.00	1.497 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
12 Tue Nov 2024	542.05	599.00	602.75	540.20	0.265 times
31 Thu Oct 2024	592.90	606.00	640.00	558.85	1.048 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

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 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 SELL. Signal strength is Strong and stock is gaining 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 SELL signal for Rhi Magnesita in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 576.56 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.