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Technicals for RHI Magnesita India Limited
By MusingTheNews
2025-07-16 20:51
Overall Technical outlook
Price Summary
On 2025-07-15, RHI Magnesita India Limited's stock opened at 476.5, peaked at 484.6, hit a low of 476.5, and closed 0.54% higher at 479.05, with 133044 shares changing hands. The stock reached its highest price of 637.65 and lowest price of 382.6 over the last 52 weeks. As per recommendations from 3 analysts, RHIM's future price is expected to span between 499.0 and 697.0, with a mean price around 569.3333.
Technicals
Support and Resistance: At 479.05, the price is held up by support at 464.35 and faces resistance at 485.95 for RHIM. This suggests a trading range where 464.35 provides a base and 485.95 limits upward movement. Support/Resistance for RHIM
Aroon: The AROON is in a neutral stance for RHIM, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for RHI Magnesita India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for RHI Magnesita India Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for RHI Magnesita India Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for RHI Magnesita India Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for RHI Magnesita India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for RHIM, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for RHI Magnesita India Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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