Is RHI Magnesita technically bullish or bearish?

Nov 11 2025 08:14 AM IST
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As of November 10, 2025, RHI Magnesita's technical outlook is bearish, supported by negative indicators across multiple time frames, including MACD, Bollinger Bands, and moving averages, despite a mildly bullish signal from Dow Theory on the weekly chart.
As of 10 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for RHI Magnesita is bearish with strong indicators supporting this view. The MACD is bearish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bearish trend on both time frames. The daily moving averages confirm a bearish outlook, while the KST is bearish on both weekly and monthly charts. Although Dow Theory shows a mildly bullish stance on the weekly, it lacks a clear trend on the monthly. Overall, the bearish signals dominate, indicating a weak market sentiment.
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