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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 188437

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 673.70 663.95 676.60 657.50 1.023 times
20 Thu Jun 2024 659.70 663.80 669.15 658.10 0.555 times
19 Wed Jun 2024 660.60 688.05 691.90 656.10 1.195 times
18 Tue Jun 2024 687.95 696.75 702.90 685.25 1.123 times
14 Fri Jun 2024 694.05 676.00 711.00 673.05 2.147 times

My analysis of stock is bearish for shortterm, and stock might move down till 660.3 or till 637.2. Use a stoploss of 679.58 and if the stock hits stoploss, then it can shoot up till 698.85

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 643.10
Upside Target 702.90
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 652.23
Downside Intraday Target 630.77
Upside Intraday Target 699.03
Upside Intraday Target 724.37
Upside Intraday Target 677.57

Weekly technical analysis of Rhi Magnesita (RHIM)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 673.70 696.75 702.90 656.10 0.722 times
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

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
21 Fri Jun 2024 673.70 730.00 730.00 643.10 0.338 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 24, 21, 7 Buy
MACD 13, 17Sell
Stochastics 18Sell
CCI -75Buy
RSI 48Sell
OBV 3878469Sell
VWAP 678Sell
ADL 0Sell
ROC 0Buy
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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Rhi Magnesita in short term but the sell signal is initial and weak.

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 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 but selling is losing 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 677.85 and Rhi Magnesita (RHIM) stock is trading below this level. This means that stock is falling with high volumes. 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.

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