(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 2024-05-09 View latest technical analysis
10 day averaged volume of Rio Tinto is 2525360
Date | Daily Closing Price | Open | High | Low | Volume |
09 Thu May 2024 | 70.00 | 69.62 | 70.14 | 69.52 | 0.877 times |
08 Wed May 2024 | 69.02 | 68.85 | 69.21 | 68.71 | 0.72 times |
07 Tue May 2024 | 70.04 | 70.00 | 70.36 | 69.95 | 0.824 times |
06 Mon May 2024 | 69.82 | 69.50 | 69.93 | 69.17 | 0.727 times |
03 Fri May 2024 | 68.94 | 68.99 | 69.12 | 68.42 | 1.265 times |
02 Thu May 2024 | 68.28 | 67.91 | 68.38 | 67.55 | 0.896 times |
01 Wed May 2024 | 67.50 | 67.90 | 68.35 | 67.27 | 0.923 times |
30 Tue Apr 2024 | 67.83 | 68.70 | 68.80 | 67.77 | 1.299 times |
29 Mon Apr 2024 | 69.01 | 68.60 | 69.02 | 68.39 | 0.977 times |
26 Fri Apr 2024 | 68.24 | 68.86 | 68.86 | 67.90 | 1.196 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 69.1, but if it comes below 69.1, then a intra day sell could be more profitable.
If you take a sell trade below 69.1, then use 69.1 as stoploss and 67.87 as target. However if you take a buy trade in stock , then use 69.1 as stoploss and 70.7 as target.
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 | 68.71 |
Downside Target | 68.86 |
Downside Target | 69.02 |
Downside Target | 69.12 |
Upside Target | 70.19 |
Upside Target | 70.36 |
Upside Target | 74.72 |
Intraday share price targets for Rio Tinto (RIO)
Target Type | Value |
Downside Intraday Target | 69.02 |
Downside Intraday Target | 68.04 |
Upside Intraday Target | 70.67 |
Upside Intraday Target | 71.34 |
Downside Intraday Target | 69.69 |
Weekly technical analysis of Rio Tinto (RIO)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Thu May 2024 | 70.00 | 69.50 | 70.36 | 68.71 | 0.587 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 |
09 Thu May 2024 | 70.00 | 67.90 | 70.36 | 67.27 | 0.21 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 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 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 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 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 tired and bears are picking up momentum.
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 positive zone. This is a BUY zone
Stock of Rio Tinto is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.78 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 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 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 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 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 tired and bears are picking up momentum.
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 positive zone. This is a BUY zone
Stock of Rio Tinto is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.78 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.