(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 2024-05-20 View latest technical analysis
10 day averaged volume of Rio Tinto is 2499154
Date | Daily Closing Price | Open | High | Low | Volume |
20 Mon May 2024 | 73.39 | 73.32 | 73.59 | 73.03 | 1.349 times |
17 Fri May 2024 | 73.61 | 72.99 | 73.64 | 72.78 | 1.378 times |
16 Thu May 2024 | 71.91 | 71.08 | 72.00 | 70.81 | 1.712 times |
15 Wed May 2024 | 70.33 | 70.45 | 70.45 | 68.99 | 1.011 times |
14 Tue May 2024 | 69.69 | 70.00 | 70.08 | 69.53 | 1.171 times |
13 Mon May 2024 | 69.84 | 69.75 | 70.12 | 69.75 | 0.69 times |
10 Fri May 2024 | 69.80 | 70.50 | 70.57 | 69.77 | 0.856 times |
09 Thu May 2024 | 70.00 | 69.62 | 70.14 | 69.52 | 0.886 times |
08 Wed May 2024 | 69.02 | 68.85 | 69.21 | 68.71 | 0.727 times |
07 Tue May 2024 | 70.04 | 70.00 | 70.36 | 69.95 | 0.833 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 73.4, for a target of 71.3 or 69.49
Share price targets for Rio Tinto (RIO)
Target Type | Value |
Downside Target | 61.05 |
Downside Target | 62.62 |
Downside Target | 63.88 |
Downside Target | 65.49 |
Downside Target | 67.09 |
Downside Target | 68.71 |
Downside Target | 70.19 |
Downside Target | 70.57 |
Downside Target | 73.03 |
Upside Target | 73.59 |
Upside Target | 73.64 |
Upside Target | 74.72 |
Intraday share price targets for Rio Tinto (RIO)
Target Type | Value |
Downside Intraday Target | 73.08 |
Downside Intraday Target | 72.78 |
Upside Intraday Target | 73.64 |
Upside Intraday Target | 73.9 |
Downside Intraday Target | 73.34 |
Weekly technical analysis of Rio Tinto (RIO)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Mon May 2024 | 73.39 | 73.32 | 73.59 | 73.03 | 0.226 times |
17 Fri May 2024 | 73.61 | 69.75 | 73.64 | 68.99 | 1.477 times |
10 Fri May 2024 | 69.80 | 69.50 | 70.57 | 68.71 | 0.745 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 |
Price has moved down 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 |
20 Mon May 2024 | 73.39 | 67.90 | 73.64 | 67.27 | 0.483 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 losing 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 coming down
CCI has generated a SELL signal for Rio Tinto in short term but SELL signal is weak.
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 71.11 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 losing 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 coming down
CCI has generated a SELL signal for Rio Tinto in short term but SELL signal is weak.
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 71.11 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.