Stock analysis Rhi Magnesita India Ltd RHIM
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Recent prices of RHIM Rhi Magnesita India Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 10 Fri Jan 2025 | 493.35 | 479.00 to 503.75 | -1.53% | 0.95 times |
| 09 Thu Jan 2025 | 501.00 | 492.00 to 508.80 | 1.59% | 0.77 times |
| 08 Wed Jan 2025 | 493.15 | 488.35 to 497.10 | 0.81% | 0.35 times |
| 07 Tue Jan 2025 | 489.20 | 485.10 to 499.45 | -1.72% | 2.09 times |
| 06 Mon Jan 2025 | 497.75 | 492.30 to 502.65 | 0.19% | 0.84 times |
| 03 Fri Jan 2025 | 496.80 | 493.25 to 509.50 | -1.37% | 2.63 times |
| 02 Thu Jan 2025 | 503.70 | 498.00 to 509.50 | 1.19% | 0.6 times |
| 01 Wed Jan 2025 | 497.80 | 496.00 to 508.75 | -1.05% | 0.52 times |
| 31 Tue Dec 2024 | 503.10 | 486.00 to 504.95 | 2.11% | 1.15 times |
| 30 Mon Dec 2024 | 492.70 | 488.25 to 512.35 | -3.42% | 0.75 times |
| 27 Fri Dec 2024 | 510.15 | 503.10 to 514.65 | 1.4% | 0.29 times |
| 26 Thu Dec 2024 | 503.10 | 498.25 to 511.60 | -0.11% | 0.27 times |
Technical analysis forecast for Rhi Magnesita India Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Rhi Magnesita India Ltd RHIM at this time. Stock is falling and might fall more.
It appears as if Rhi Magnesita India Ltd RHIM gave a large move recently.
Stock of Rhi Magnesita India Ltd (RHIM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Rhi Magnesita India Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 488.5 as stoploss in an intra day buy trade for a target of 509.8. However, stock will show a bearish move below 488.5.