(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 2024-08-20 View latest technical analysis
10 day averaged volume of Rio Tinto is 2897470
Date | Daily Closing Price | Open | High | Low | Volume |
20 Tue Aug 2024 | 62.00 | 62.44 | 62.63 | 61.87 | 0.774 times |
19 Mon Aug 2024 | 62.48 | 62.35 | 62.92 | 62.28 | 0.961 times |
16 Fri Aug 2024 | 61.28 | 60.71 | 61.53 | 60.64 | 0.973 times |
15 Thu Aug 2024 | 62.75 | 63.20 | 63.24 | 62.66 | 1.14 times |
14 Wed Aug 2024 | 62.44 | 62.51 | 62.71 | 62.19 | 1.002 times |
13 Tue Aug 2024 | 63.75 | 63.27 | 63.81 | 63.18 | 0.651 times |
12 Mon Aug 2024 | 63.31 | 63.33 | 63.69 | 63.16 | 0.662 times |
09 Fri Aug 2024 | 63.24 | 63.19 | 63.60 | 62.55 | 0.915 times |
08 Thu Aug 2024 | 62.92 | 62.84 | 63.22 | 62.73 | 0.859 times |
07 Wed Aug 2024 | 62.54 | 63.11 | 63.27 | 62.37 | 1.318 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.4, but if it comes above 62.4, then a intra day buy could be more profitable.
If you take a sell trade below 62.4, then use 62.4 as stoploss and 61.2 as target. However if you take a buy trade in stock , then use 62.4 as stoploss and 63.31 as target.
Share price targets for Rio Tinto (RIO)
Target Type | Value |
Downside Target | 60.64 |
Downside Target | 61.87 |
Upside Target | 65.22 |
Upside Target | 65.38 |
Upside Target | 65.45 |
Upside Target | 65.58 |
Upside Target | 67.27 |
Upside Target | 68.87 |
Upside Target | 69.02 |
Upside Target | 69.60 |
Upside Target | 74.24 |
Intraday share price targets for Rio Tinto (RIO)
Target Type | Value |
Downside Intraday Target | 61.61 |
Downside Intraday Target | 61.21 |
Upside Intraday Target | 62.66 |
Upside Intraday Target | 63.31 |
Upside Intraday Target | 62.26 |
Weekly technical analysis of Rio Tinto (RIO)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Tue Aug 2024 | 62.00 | 62.35 | 62.92 | 61.87 | 0.392 times |
16 Fri Aug 2024 | 61.28 | 63.33 | 63.81 | 60.64 | 0.737 times |
09 Fri Aug 2024 | 63.24 | 62.35 | 63.60 | 61.97 | 1.036 times |
02 Fri Aug 2024 | 63.67 | 64.51 | 65.58 | 63.08 | 1.277 times |
26 Fri Jul 2024 | 65.06 | 63.83 | 65.45 | 62.87 | 0.84 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 |
20 Tue Aug 2024 | 62.00 | 64.82 | 65.22 | 60.64 | 0.749 times |
31 Wed Jul 2024 | 65.16 | 66.39 | 68.87 | 62.87 | 1.553 times |
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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Rio Tinto ( (RIO) ) based on a short 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.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Rio Tinto stock for short term is SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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
Although the stock is in the BUY zone, but buying 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 62.62 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Rio Tinto ( (RIO) ) based on a short 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.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Rio Tinto stock for short term is SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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
Although the stock is in the BUY zone, but buying 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 62.62 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.