Overall Technical outlook

Price Summary

RHI Magnesita India Limited's stock started the year at 407.0, climbed to a high of 407.0, fell to 398.1, and closed -0.76% lower at 403.9, with 58822 shares traded on 2026-04-30.
The stock's peak price over the last 52 weeks is 526.8, with the lowest being 334.1.
Future price predictions suggest a range between 589.0 and 697.0, with an average expected price of 628.6667, as per 3 analysts.

Technicals

Support and Resistance: At 403.9, the price is supported at 400.65 and faces resistance at 458.9. This range suggests that the price for RHIM might stay between these levels, with 400.65 acting as a floor and 458.9 as a ceiling.
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Support/Resistance for RHIM


Aroon: The AROON is currently in a neutral position for RHI Magnesita India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Aroon chart for RHI Magnesita India Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for RHI Magnesita India Limited


Parabolic SAR: The PSAR maintains a bearish outlook for RHIM, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.
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Parabolic Stop and Reverse chart for RHI Magnesita India Limited


Stochastic: The STOCHASTIC 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.
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Stochastic chart for RHI Magnesita India Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for RHIM, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Tripple SMA chart for RHI Magnesita India Limited


A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.