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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 2024-12-02 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 106956

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	521.85	526.75	529.90	516.60	0.558 times
29 Fri Nov 2024	520.80	515.65	524.00	509.40	0.834 times
28 Thu Nov 2024	515.55	531.35	532.90	511.05	0.762 times
27 Wed Nov 2024	529.25	532.15	535.90	525.00	0.56 times
26 Tue Nov 2024	532.15	519.30	536.00	513.20	1.216 times
25 Mon Nov 2024	517.80	519.70	524.75	512.25	0.639 times
22 Fri Nov 2024	510.15	496.50	515.00	490.20	2.382 times
21 Thu Nov 2024	498.80	512.80	512.80	490.00	1.195 times
19 Tue Nov 2024	516.55	518.65	523.95	515.00	0.677 times
18 Mon Nov 2024	518.65	525.30	529.90	514.55	0.89 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 511.8 as stoploss in an intra day buy trade for a target of 543.55. However, stock will show a bearish move below 511.8.

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	490.00
Downside Target	509.40
Upside Target	529.90
Upside Target	556.00
Upside Target	569.75
Upside Target	570.20
Upside Target	572.05
Upside Target	599.70
Upside Target	602.75
Upside Target	637.90
Upside Target	640.00
Upside Target	672.00

Intraday share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Intraday Target	515.67
Downside Intraday Target	509.48
Upside Intraday Target	528.97
Upside Intraday Target	536.08
Upside Intraday Target	522.78

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	521.85	526.75	529.90	516.60	0.139 times
29 Fri Nov 2024	520.80	519.70	536.00	509.40	0.78 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

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
02 Mon Dec 2024	521.85	526.75	529.90	516.60	0.024 times
29 Fri Nov 2024	520.80	599.00	602.75	490.00	0.553 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 BUY signal for Rhi Magnesita in short term but the buy signal is initial and weak.

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 moving up

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 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 516.35 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.