Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-27 View latest technical analysis

10 day averaged volume of Rhi Magnesita is 438971

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	558.30	560.45	567.10	553.20	0.67 times
26 Tue Mar 2024	558.90	567.80	568.70	553.25	0.69 times
22 Fri Mar 2024	570.70	555.00	583.50	549.50	1.666 times
21 Thu Mar 2024	555.05	549.95	564.80	547.30	0.554 times
20 Wed Mar 2024	548.95	551.55	562.95	544.30	1.076 times
19 Tue Mar 2024	551.50	532.75	555.00	527.10	1.038 times
18 Mon Mar 2024	532.70	530.85	542.25	526.10	1.794 times
15 Fri Mar 2024	528.25	517.75	537.95	514.70	0.704 times
14 Thu Mar 2024	520.90	513.65	528.95	509.05	0.481 times
13 Wed Mar 2024	512.80	535.15	537.70	504.25	0.994 times

My analysis of stock is bullish for shortterm, and stock might move up till 572.3 or till 595. Use a stoploss of 553.34 and if this stock hits its stoploss, then it can fall down till 534.39

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	504.25
Downside Target	526.10
Downside Target	544.00
Upside Target	566.85
Upside Target	582.35
Upside Target	599.60
Upside Target	668.50
Upside Target	702.00
Upside Target	733.70
Upside Target	745.00
Upside Target	775.50
Upside Target	815.05
Upside Target	824.00

Intraday share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Intraday Target	551.43
Downside Intraday Target	544.57
Upside Intraday Target	566.93
Upside Intraday Target	575.57
Upside Intraday Target	560.07

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	558.30	567.80	568.70	553.20	0.222 times
22 Fri Mar 2024	570.70	530.85	583.50	526.10	1.645 times
15 Fri Mar 2024	528.25	562.85	566.85	504.25	1.501 times
07 Thu Mar 2024	557.30	578.00	582.35	544.00	0.483 times
02 Sat Mar 2024	578.10	594.35	599.60	568.05	1.777 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
27 Wed Mar 2024	558.30	575.00	585.00	504.25	0.905 times
29 Thu Feb 2024	570.55	723.05	745.00	568.05	2.654 times
31 Wed Jan 2024	724.85	803.00	815.05	702.00	0.459 times
29 Fri Dec 2023	805.25	770.50	824.00	733.70	1.26 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 545.04 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 rising upwards.

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 is giving positive 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.