(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 2024-05-30 View latest technical analysis
10 day averaged volume of Rio Tinto is 3025540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 69.74 | 69.24 | 69.92 | 69.19 | 0.797 times |
| 29 Wed May 2024 | 69.53 | 69.91 | 69.97 | 69.41 | 0.784 times |
| 28 Tue May 2024 | 70.86 | 71.96 | 72.01 | 70.69 | 0.819 times |
| 24 Fri May 2024 | 71.85 | 72.15 | 72.30 | 71.71 | 0.585 times |
| 23 Thu May 2024 | 71.42 | 72.59 | 72.66 | 71.16 | 0.853 times |
| 22 Wed May 2024 | 72.22 | 72.94 | 73.07 | 71.82 | 1.128 times |
| 21 Tue May 2024 | 73.48 | 73.56 | 74.24 | 73.41 | 1.328 times |
| 20 Mon May 2024 | 73.39 | 73.32 | 73.59 | 73.03 | 1.115 times |
| 17 Fri May 2024 | 73.61 | 72.99 | 73.64 | 72.78 | 1.139 times |
| 16 Thu May 2024 | 71.91 | 71.08 | 72.00 | 70.81 | 1.415 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 69.1 as stoploss in an intra day buy trade for a target of 70.69. However, stock will show a bearish move below 69.1.
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 |
| Upside Target | 70.57 |
| Upside Target | 71.16 |
| Upside Target | 72.01 |
| Upside Target | 73.64 |
| Upside Target | 74.24 |
| Upside Target | 74.72 |
Intraday share price targets for Rio Tinto (RIO)
| Target Type | Value |
| Downside Intraday Target | 68.62 |
| Downside Intraday Target | 67.49 |
| Upside Intraday Target | 71.44 |
| Upside Intraday Target | 73.13 |
| Upside Intraday Target | 70.31 |
Weekly technical analysis of Rio Tinto (RIO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 69.74 | 71.96 | 72.01 | 69.19 | 0.479 times |
| 24 Fri May 2024 | 71.85 | 73.32 | 74.24 | 71.16 | 1.017 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 |
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 |
| 30 Thu May 2024 | 69.74 | 67.90 | 74.24 | 67.27 | 0.737 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Rio Tinto ( (RIO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Rio Tinto ( (RIO) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Rio Tinto in short term but the sell signal is initial and weak.
Rio Tinto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Rio Tinto in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 72.02 and Rio Tinto (RIO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Rio Tinto ( (RIO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Rio Tinto ( (RIO) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Rio Tinto in short term but the sell signal is initial and weak.
Rio Tinto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Rio Tinto in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 72.02 and Rio Tinto (RIO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.