(RIO) Rio Tinto complete technical analysis [charts+indicators] | Buy/Sell Rio Tinto | (RIO) share price targets
Complete technical analysis of Rio Tinto (RIO) by charts plus indicators, forecast predictions and share price targets for Rio Tinto (RIO)
Rio Tinto trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-05-06 View latest technical analysis
10 day averaged volume of Rio Tinto is 2931570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 69.82 | 69.50 | 69.93 | 69.17 | 0.626 times |
| 03 Fri May 2024 | 68.94 | 68.99 | 69.12 | 68.42 | 1.089 times |
| 02 Thu May 2024 | 68.28 | 67.91 | 68.38 | 67.55 | 0.772 times |
| 01 Wed May 2024 | 67.50 | 67.90 | 68.35 | 67.27 | 0.795 times |
| 30 Tue Apr 2024 | 67.83 | 68.70 | 68.80 | 67.77 | 1.119 times |
| 29 Mon Apr 2024 | 69.01 | 68.60 | 69.02 | 68.39 | 0.841 times |
| 26 Fri Apr 2024 | 68.24 | 68.86 | 68.86 | 67.90 | 1.03 times |
| 25 Thu Apr 2024 | 67.78 | 67.19 | 68.12 | 66.71 | 1.011 times |
| 24 Wed Apr 2024 | 68.14 | 68.35 | 68.35 | 67.42 | 1.162 times |
| 23 Tue Apr 2024 | 66.64 | 65.87 | 66.80 | 65.66 | 0.86 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 69.7, for a target of 68.5 or 67.42
Share price targets for Rio Tinto (RIO)
| Target Type | Value |
| Downside Target | 61.05 |
| Downside Target | 62.62 |
| Downside Target | 63.88 |
| Downside Target | 67.09 |
| Downside Target | 68.86 |
| Downside Target | 69.02 |
| Downside Target | 69.12 |
| Downside Target | 69.17 |
| Upside Target | 69.93 |
| Upside Target | 70.19 |
| Upside Target | 74.72 |
Intraday share price targets for Rio Tinto (RIO)
| Target Type | Value |
| Downside Intraday Target | 69.35 |
| Downside Intraday Target | 68.88 |
| Upside Intraday Target | 70.11 |
| Upside Intraday Target | 70.4 |
| Downside Intraday Target | 69.64 |
Weekly technical analysis of Rio Tinto (RIO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 69.82 | 69.50 | 69.93 | 69.17 | 0.136 times |
| 03 Fri May 2024 | 68.94 | 68.60 | 69.12 | 67.27 | 0.858 times |
| 26 Fri Apr 2024 | 68.24 | 66.97 | 68.86 | 65.66 | 0.904 times |
| 19 Fri Apr 2024 | 66.97 | 67.90 | 68.05 | 64.85 | 0.974 times |
| 12 Fri Apr 2024 | 65.99 | 65.15 | 68.05 | 65.15 | 0.997 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Rio Tinto (RIO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 69.82 | 67.90 | 69.93 | 67.27 | 0.128 times |
| 30 Tue Apr 2024 | 67.83 | 64.33 | 69.02 | 62.62 | 1.217 times |
| 28 Thu Mar 2024 | 63.74 | 64.60 | 65.49 | 61.05 | 1.177 times |
| 29 Thu Feb 2024 | 64.53 | 69.48 | 70.19 | 63.88 | 0.868 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Rio Tinto (RIO)
Price action analysis of Rio Tinto ( (RIO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Rio Tinto ( (RIO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Rio Tinto ( (RIO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Rio Tinto ( (RIO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Rio Tinto stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Rio Tinto in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rio Tinto Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Rio Tinto in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Rio Tinto is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.18 and Rio Tinto (RIO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Rio Tinto (RIO) stock. Volume based technical analysis of Rio Tinto (RIO) stock is negative.
Rio Tinto Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Rio Tinto ( (RIO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Rio Tinto ( (RIO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Rio Tinto ( (RIO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Rio Tinto ( (RIO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Rio Tinto stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Rio Tinto in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rio Tinto Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Rio Tinto in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Rio Tinto is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.18 and Rio Tinto (RIO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Rio Tinto (RIO) stock. Volume based technical analysis of Rio Tinto (RIO) stock is negative.
Rio Tinto Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.