(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 2024-06-05 View latest technical analysis
10 day averaged volume of Rio Tinto is 2551790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 68.08 | 68.13 | 68.44 | 67.73 | 0.833 times |
| 04 Tue Jun 2024 | 68.31 | 68.26 | 68.40 | 67.87 | 1.023 times |
| 03 Mon Jun 2024 | 69.42 | 69.55 | 69.60 | 68.68 | 0.823 times |
| 31 Fri May 2024 | 70.10 | 70.10 | 70.25 | 69.31 | 0.691 times |
| 30 Thu May 2024 | 69.74 | 69.24 | 69.92 | 69.19 | 0.944 times |
| 29 Wed May 2024 | 69.53 | 69.91 | 69.97 | 69.41 | 0.93 times |
| 28 Tue May 2024 | 70.86 | 71.96 | 72.01 | 70.69 | 0.971 times |
| 24 Fri May 2024 | 71.85 | 72.15 | 72.30 | 71.71 | 0.693 times |
| 23 Thu May 2024 | 71.42 | 72.59 | 72.66 | 71.16 | 1.011 times |
| 22 Wed May 2024 | 72.22 | 72.94 | 73.07 | 71.82 | 1.338 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 69, but if it comes above 69, then a intra day buy could be more profitable.
If you take a sell trade below 69, then use 69 as stoploss and 67.1 as target. However if you take a buy trade in stock , then use 69 as stoploss and 70.63 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 | 65.49 |
| Downside Target | 67.27 |
| Upside Target | 70.19 |
| Upside Target | 70.57 |
| Upside Target | 71.16 |
| Upside Target | 72.01 |
| Upside Target | 73.64 |
| Upside Target | 74.24 |
Intraday share price targets for Rio Tinto (RIO)
| Target Type | Value |
| Downside Intraday Target | 67.34 |
| Downside Intraday Target | 66.6 |
| Upside Intraday Target | 69.21 |
| Upside Intraday Target | 70.34 |
| Upside Intraday Target | 68.47 |
Weekly technical analysis of Rio Tinto (RIO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 68.08 | 69.55 | 69.60 | 67.73 | 0.758 times |
| 31 Fri May 2024 | 70.10 | 71.96 | 72.01 | 69.19 | 0.596 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 |
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 |
| 05 Wed Jun 2024 | 68.08 | 69.55 | 69.60 | 67.73 | 0.12 times |
| 31 Fri May 2024 | 70.10 | 67.90 | 74.24 | 67.27 | 0.76 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 coming down
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 but selling is losing 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 70.23 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 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 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 coming down
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 but selling is losing 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 70.23 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.