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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 2024-11-22 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 161568

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	510.15	496.50	515.00	490.20	1.577 times
21 Thu Nov 2024	498.80	512.80	512.80	490.00	0.791 times
19 Tue Nov 2024	516.55	518.65	523.95	515.00	0.448 times
18 Mon Nov 2024	518.65	525.30	529.90	514.55	0.589 times
14 Thu Nov 2024	528.40	524.75	532.05	519.15	0.559 times
13 Wed Nov 2024	530.40	541.00	541.20	513.40	1.559 times
12 Tue Nov 2024	542.05	558.85	562.60	540.20	0.857 times
11 Mon Nov 2024	560.90	561.00	569.75	552.20	1.111 times
08 Fri Nov 2024	574.90	565.00	576.70	556.00	2.588 times
07 Thu Nov 2024	594.20	597.55	599.70	588.35	0.679 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 528.3, but if it comes above 528.3, then a intra day buy could be more profitable.
If you take a sell trade below 528.3, then use 528.3 as stoploss and 491.6 as target. However if you take a buy trade in stock , then use 528.3 as stoploss and 558.99 as target.

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	490.00
Upside Target	513.40
Upside Target	529.90
Upside Target	556.00
Upside Target	599.70
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	490.13
Downside Intraday Target	470.12
Upside Intraday Target	530.03
Upside Intraday Target	549.92
Downside Intraday Target	510.02

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	510.15	525.30	529.90	490.00	0.833 times
14 Thu Nov 2024	528.40	561.00	569.75	513.40	0.754 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

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
22 Fri Nov 2024	510.15	599.00	602.75	490.00	0.46 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term but selling 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 542.59 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.