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)

10 day averaged volume of Rhi Magnesita is 352288

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	641.90	637.20	645.30	622.10	0.965 times
18 Thu Apr 2024	636.80	642.15	657.10	632.30	1.992 times
16 Tue Apr 2024	642.10	625.00	648.15	623.10	1.491 times
15 Mon Apr 2024	626.30	595.00	630.40	590.00	0.757 times
12 Fri Apr 2024	618.45	621.00	628.80	614.00	1.194 times
10 Wed Apr 2024	617.05	612.90	624.20	603.10	0.927 times
09 Tue Apr 2024	611.10	610.00	613.80	606.10	0.314 times
08 Mon Apr 2024	612.10	614.00	614.60	600.00	0.709 times
05 Fri Apr 2024	610.35	606.05	613.90	601.30	0.638 times
04 Thu Apr 2024	610.15	601.35	612.70	594.00	1.155 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 625.8, but if it comes below 625.8, then a intra day sell could be more profitable.
If you take a sell trade below 625.8, then use 625.8 as stoploss and 593.79 as target. However if you take a buy trade in stock , then use 625.8 as stoploss and 664.1 as target.

Share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Target	504.25
Downside Target	526.10
Downside Target	548.00
Downside Target	568.05
Downside Target	583.50
Downside Target	613.90
Downside Target	628.80
Upside Target	657.10
Upside Target	702.00
Upside Target	733.70
Upside Target	745.00
Upside Target	815.05
Upside Target	824.00

Intraday share price targets for Rhi Magnesita (RHIM)

Target Type	Value
Downside Intraday Target	602.23
Downside Intraday Target	562.57
Upside Intraday Target	669.33
Upside Intraday Target	696.77
Downside Intraday Target	629.67

Weekly technical analysis of Rhi Magnesita (RHIM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	641.90	595.00	657.10	590.00	1.656 times
12 Fri Apr 2024	618.45	614.00	628.80	600.00	0.767 times
05 Fri Apr 2024	610.35	558.10	613.90	556.90	1.891 times
28 Thu Mar 2024	552.65	567.80	568.70	548.00	0.284 times
22 Fri Mar 2024	570.70	530.85	583.50	526.10	1.645 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rhi Magnesita (RHIM)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	641.90	558.10	657.10	556.90	0.687 times
28 Thu Mar 2024	552.65	575.00	585.00	504.25	0.93 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

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 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Rhi Magnesita in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 but buying 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 626.09 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 positive

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