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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 2024-11-27 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 140890

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	529.25	532.15	535.90	525.00	0.425 times
26 Tue Nov 2024	532.15	519.30	536.00	513.20	0.923 times
25 Mon Nov 2024	517.80	519.70	524.75	512.25	0.485 times
22 Fri Nov 2024	510.15	496.50	515.00	490.20	1.808 times
21 Thu Nov 2024	498.80	512.80	512.80	490.00	0.907 times
19 Tue Nov 2024	516.55	518.65	523.95	515.00	0.514 times
18 Mon Nov 2024	518.65	525.30	529.90	514.55	0.676 times
14 Thu Nov 2024	528.40	524.75	532.05	519.15	0.641 times
13 Wed Nov 2024	530.40	541.00	541.20	513.40	1.788 times
12 Tue Nov 2024	542.05	558.85	562.60	540.20	0.983 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 520.1 as stoploss in an intra day buy trade for a target of 552.3. However, stock will show a bearish move below 520.1.

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	490.00
Downside Target	512.25
Upside Target	529.90
Upside Target	556.00
Upside Target	572.05
Upside Target	599.70
Upside Target	602.75
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	515.67
Downside Intraday Target	502.08
Upside Intraday Target	539.42
Upside Intraday Target	549.58
Downside Intraday Target	525.83

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	529.25	519.70	536.00	512.25	0.469 times
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

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
27 Wed Nov 2024	529.25	599.00	602.75	490.00	0.516 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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. 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 coming down

CCI has generated a buy signal for Rhi Magnesita in short term and BUY signal is strong.

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 522.19 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 negative.

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