Overall Technical outlook

Price Summary

With a -4.54% tumble, RHI Magnesita India Limited enjoyed a mediocre day in the stock market.
On 2025-04-25, RHI Magnesita India Limited's stock started at 465.1, soared to 466.9, dropped to 440.25, and finished the day -4.54% lower at 444.0, with a trading volume of 243390 shares.
The stock's highest price in the past 52 weeks is 736.35, while its lowest price during the same period is 382.6.
3 analysts predict that the future price of RHIM will be in the range of 507.0 to 744.0, with a mean expected price of about 598.3333.

Technicals

Support and Resistance: With the current price at 444.0, support is found at 421.45 and resistance at 464.35. These levels indicate where buyers might step in at 421.45, while sellers could limit gains at 464.35, defining a trading boundary for RHI Magnesita India Limited.
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Support/Resistance for RHIM


Aroon: The AROON indicator is pointing to a bearish trend, with Aroon Down rising and the Aroon Oscillator reversing. This suggests a downward trend reversal, indicating that price may be poised for further declines. The shift in these indicators could indicate growing bearish pressure.
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Aroon chart for RHI Magnesita India Limited


Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Bolinger Bands chart for RHI Magnesita India Limited


Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term.
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Parabolic Stop and Reverse chart for RHI Magnesita India Limited


Stochastic: With the Stochastic K-line under the D-line and below 20, the market shows a mildly bearish trend. This positioning suggests that RHIM may face some downside risk, though the bearish signal is not particularly strong. Traders should consider this as a cautious indicator.
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Stochastic chart for RHI Magnesita India Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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.
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Tripple SMA chart for RHI Magnesita India Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.