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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)

10 day averaged volume of Rhi Magnesita is 154586

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 516.55 518.65 523.95 515.00 0.469 times
18 Mon Nov 2024 518.65 525.30 529.90 514.55 0.616 times
14 Thu Nov 2024 528.40 524.75 532.05 519.15 0.584 times
13 Wed Nov 2024 530.40 541.00 541.20 513.40 1.63 times
12 Tue Nov 2024 542.05 558.85 562.60 540.20 0.896 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 511.4, for a target of 541.2 or 566.06

Share price targets for Rhi Magnesita (RHIM)

Target Type Value
Downside Target 513.40
Upside Target 529.90
Upside Target 556.00
Upside Target 577.65
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 510.77
Downside Intraday Target 504.98
Upside Intraday Target 526.12
Upside Intraday Target 535.68
Upside Intraday Target 520.33

Weekly technical analysis of Rhi Magnesita (RHIM)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 516.55 525.30 529.90 514.55 0.254 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 4.017 times
01 Fri Nov 2024 595.90 570.00 602.75 568.30 1.1 times
30 Wed Oct 2024 570.80 566.40 577.65 558.85 0.281 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
19 Tue Nov 2024 516.55 599.00 602.75 513.40 0.372 times
31 Thu Oct 2024 592.90 606.00 640.00 558.85 1.061 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 11, 37, 54 Sell
MACD -31, -22Sell
Stochastics 9Sell
CCI -93Sell
RSI 48Sell
OBV -1451241Sell
VWAP 558Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rhi Magnesita is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 557.73 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.

Click here for Rhi Magnesita charts

Click here for further forecast and predictions for tomorrow

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