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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 2025-01-08 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 212230

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	493.15	491.20	497.10	488.35	0.367 times
07 Tue Jan 2025	489.20	492.50	499.45	485.10	2.171 times
06 Mon Jan 2025	497.75	492.50	502.65	492.30	0.878 times
03 Fri Jan 2025	496.80	503.90	509.50	493.25	2.739 times
02 Thu Jan 2025	503.70	499.80	509.50	498.00	0.626 times
01 Wed Jan 2025	497.80	504.95	508.75	496.00	0.542 times
31 Tue Dec 2024	503.10	491.00	504.95	486.00	1.192 times
30 Mon Dec 2024	492.70	506.55	512.35	488.25	0.784 times
27 Fri Dec 2024	510.15	503.10	514.65	503.10	0.296 times
26 Thu Dec 2024	503.10	506.15	511.60	498.25	0.284 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 492.5 as stoploss in an intra day buy trade for a target of 519.23. However, stock will show a bearish move below 492.5.

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	485.10
Upside Target	543.20
Upside Target	558.85
Upside Target	572.05
Upside Target	578.35
Upside Target	579.70
Upside Target	602.75
Upside Target	637.90
Upside Target	640.00

Intraday share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Intraday Target	484.62
Downside Intraday Target	476.08
Upside Intraday Target	502.17
Upside Intraday Target	511.18
Upside Intraday Target	493.63

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	493.15	492.50	502.65	485.10	0.581 times
03 Fri Jan 2025	496.80	506.55	512.35	486.00	3.764 times
27 Fri Dec 2024	510.15	513.60	518.50	498.25	0.222 times
20 Fri Dec 2024	513.60	557.85	579.70	507.00	2.374 times
13 Fri Dec 2024	557.85	559.10	578.35	543.20	0.458 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
08 Wed Jan 2025	493.15	504.95	509.50	485.10	0.365 times
31 Tue Dec 2024	503.10	526.75	579.70	486.00	1.678 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

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 496.59 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.