(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 2024-06-28 View latest technical analysis
10 day averaged volume of Rio Tinto is 1770390
Date | Daily Closing Price | Open | High | Low | Volume |
28 Fri Jun 2024 | 65.93 | 66.17 | 66.39 | 65.76 | 0.992 times |
27 Thu Jun 2024 | 65.82 | 66.00 | 66.16 | 65.50 | 1.176 times |
26 Wed Jun 2024 | 66.80 | 66.84 | 66.95 | 66.51 | 0.773 times |
25 Tue Jun 2024 | 66.52 | 66.65 | 66.84 | 66.33 | 0.872 times |
24 Mon Jun 2024 | 66.45 | 66.53 | 67.04 | 66.21 | 0.95 times |
21 Fri Jun 2024 | 66.40 | 66.03 | 66.44 | 66.01 | 1.02 times |
20 Thu Jun 2024 | 66.92 | 66.74 | 67.05 | 66.46 | 1.03 times |
18 Tue Jun 2024 | 66.26 | 65.81 | 66.50 | 65.77 | 1.121 times |
18 Tue Jun 2024 | 66.26 | 65.81 | 66.50 | 65.77 | 1.121 times |
17 Mon Jun 2024 | 65.99 | 65.53 | 66.15 | 65.38 | 1.015 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 66.1, but if it comes above 66.1, then a intra day buy could be more profitable.
If you take a sell trade below 66.1, then use 66.1 as stoploss and 64.8 as target. However if you take a buy trade in stock , then use 66.1 as stoploss and 67.12 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 | 65.38 |
Upside Target | 67.27 |
Upside Target | 67.73 |
Upside Target | 68.46 |
Upside Target | 69.02 |
Upside Target | 69.60 |
Upside Target | 70.19 |
Upside Target | 74.24 |
Intraday share price targets for Rio Tinto (RIO)
Target Type | Value |
Downside Intraday Target | 65.27 |
Downside Intraday Target | 64.62 |
Upside Intraday Target | 66.81 |
Upside Intraday Target | 67.7 |
Upside Intraday Target | 66.16 |
Weekly technical analysis of Rio Tinto (RIO)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Fri Jun 2024 | 65.93 | 66.53 | 67.04 | 65.50 | 1.502 times |
21 Fri Jun 2024 | 66.40 | 65.81 | 67.05 | 65.77 | 1.484 times |
18 Tue Jun 2024 | 66.26 | 65.53 | 66.50 | 65.38 | 0.427 times |
14 Fri Jun 2024 | 66.51 | 67.83 | 68.46 | 65.85 | 0.886 times |
07 Fri Jun 2024 | 68.00 | 69.55 | 69.60 | 67.73 | 1.107 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Rio Tinto (RIO)
Date | Monthly Closing Price | Open | High | Low | Volume |
28 Fri Jun 2024 | 65.93 | 69.55 | 69.60 | 65.38 | 0.644 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Rio Tinto stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Rio Tinto in short term and the sell signal is strong.
Rio Tinto Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rio Tinto in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 66.31 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 negative.
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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Rio Tinto stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Rio Tinto in short term and the sell signal is strong.
Rio Tinto Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rio Tinto in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 66.31 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.