Overall Technical outlook

Price Summary

RHI Magnesita India Limited's stock began trading at 439.9 on 2026-02-03, soared to 443.6, dipped to 430.0, and finished the day -1.24% lower at 434.45, with 214399 shares exchanged.
Over the previous 52 weeks, the stock reached a high of 533.65 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


Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
RHIM aroon 1e5cb0
Aroon chart for RHI Magnesita India Limited


Bol. Bands: The BOLL BANDS 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.
RHIM bbands 1e5cb0
Bolinger Bands chart for RHI Magnesita India Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum.
RHIM psar 1e5cb0
Parabolic Stop and Reverse chart for RHI Magnesita India Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
RHIM stoch 1e5cb0
Stochastic chart for RHI Magnesita India Limited


Tripple Moving Agerage: A bullish trend for RHI Magnesita India Limited is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages raise concerns about a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not last, signaling the possibility of a shift in direction.
RHIM trippleSMA 1e5cb0
Tripple SMA chart for RHI Magnesita India Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.