Overall Technical outlook

Price Summary

On 2025-08-14, RHIM's stock opened at 495.3, reached a peak of 508.1, dropped to 487.0, and ended -1.49% down at 487.9, with a volume of 359423 shares.
The highest price the stock achieved in the past 52 weeks is 637.65, while the lowest price it saw is 382.6.
The future price of RHIM is anticipated to range from 499.0 to 697.0, with an expected mean price of 569.3333, according to the recommendations of 3 analysts.

Technicals

Support and Resistance: The current price is 487.9, with support at 486.2 and resistance at 533.65. This range suggests that the price might move between these levels, with 486.2 offering support and 533.65 capping further gains for RHI Magnesita India Limited.
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Support/Resistance for RHIM


Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Aroon chart for RHI Magnesita India Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Bolinger Bands chart for RHI Magnesita India Limited


Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for RHIM. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check.
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Parabolic Stop and Reverse chart for RHI Magnesita India Limited


Stochastic: The STOCHASTIC 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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Stochastic chart for RHI Magnesita India Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action.
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Tripple SMA chart for RHI Magnesita India Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.