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Technicals for RHI Magnesita India Limited
By MusingTheNews
2025-12-12 20:53
Overall Technical outlook
Price Summary
On 2025-12-10, RHI Magnesita India Limited's stock began at 448.05, peaked at 453.0, declined to 438.05, and ended the day -1.92% lower at 439.45, with 79337 shares traded. Throughout the 52-week period, the stock hit a high of 557.85 and a low of 382.6. 3 analysts estimate that the future price of RHIM will fall between 571.0 and 697.0, with an average price expectation of approximately 622.6667.
Technicals
Support and Resistance: The price for RHIM is 439.45, with support at 440.05 and resistance at 440.05. This suggests a range where 440.05 acts as a base, preventing declines, and 440.05 caps gains, defining key trading levels. Support/Resistance for RHIM
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for RHI Magnesita India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for RHIM, with no strong trend emerging. Bolinger Bands chart for RHI Magnesita India Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for RHI Magnesita India Limited
Stochastic: With the K-line above the D-line and under 20 on the stochastic indicator, a bullish move is often anticipated. This setup indicates that the market could be transitioning from a lower level, potentially leading to an upward trend. Investors might consider this an early signal to position for growth. Stochastic chart for RHI Magnesita India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for RHI Magnesita India Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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