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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 225169

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 694.05 676.00 711.00 673.05 1.797 times
13 Thu Jun 2024 675.55 679.80 680.00 668.90 0.272 times
12 Wed Jun 2024 675.20 674.95 682.15 670.25 0.384 times
11 Tue Jun 2024 672.95 676.95 682.45 671.00 0.655 times
10 Mon Jun 2024 675.95 678.00 686.10 672.00 1.408 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 697.8 as stoploss in an intra day sell trade for a target of 678.51. However, stock will show a bullish move above 697.8.

Share price targets for Rhi Magnesita (RHIM)

Target Type Value
Downside Target 504.25
Downside Target 556.90
Downside Target 568.05
Downside Target 585.00
Downside Target 607.15
Downside Target 643.10
Downside Target 688.00
Upside Target 711.00
Upside Target 730.00
Upside Target 745.00
Upside Target 755.55

Intraday share price targets for Rhi Magnesita (RHIM)

Target Type Value
Downside Intraday Target 671.63
Downside Intraday Target 649.22
Upside Intraday Target 713.73
Upside Intraday Target 733.42
Downside Intraday Target 691.32

Weekly technical analysis of Rhi Magnesita (RHIM)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 694.05 678.00 711.00 668.90 0.823 times
07 Fri Jun 2024 674.75 730.00 730.00 643.10 0.221 times
31 Fri May 2024 707.15 678.00 755.55 652.75 10.702 times
24 Fri May 2024 674.75 662.75 678.00 651.00 0.463 times
17 Fri May 2024 660.05 625.00 664.70 607.15 0.765 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
14 Fri Jun 2024 694.05 730.00 730.00 643.10 0.255 times
31 Fri May 2024 707.15 653.00 755.55 590.20 1.237 times
30 Tue Apr 2024 650.25 558.10 688.00 556.90 1.12 times
28 Thu Mar 2024 552.65 575.00 585.00 504.25 0.93 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 30, 15, 33 Buy
MACD 20, 22Sell
Stochastics 40None
CCI 84Buy
RSI 47Sell
OBV 4639539Sell
VWAP 685Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Rhi Magnesita ( (RHIM) ) based on a short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Rhi Magnesita stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Rhi Magnesita in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 684.88 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 positive

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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