(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 2024-08-23 View latest technical analysis
10 day averaged volume of Rio Tinto is 2449430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 63.02 | 62.57 | 63.08 | 62.30 | 1.162 times |
| 22 Thu Aug 2024 | 62.74 | 62.83 | 62.89 | 62.48 | 0.719 times |
| 21 Wed Aug 2024 | 63.39 | 63.51 | 63.59 | 63.12 | 0.905 times |
| 20 Tue Aug 2024 | 62.00 | 62.44 | 62.63 | 61.87 | 0.915 times |
| 19 Mon Aug 2024 | 62.48 | 62.35 | 62.92 | 62.28 | 1.137 times |
| 16 Fri Aug 2024 | 61.28 | 60.71 | 61.53 | 60.64 | 1.152 times |
| 15 Thu Aug 2024 | 62.75 | 63.20 | 63.24 | 62.66 | 1.349 times |
| 14 Wed Aug 2024 | 62.44 | 62.51 | 62.71 | 62.19 | 1.186 times |
| 13 Tue Aug 2024 | 63.75 | 63.27 | 63.81 | 63.18 | 0.771 times |
| 12 Mon Aug 2024 | 63.31 | 63.33 | 63.69 | 63.16 | 0.784 times |
My analysis of stock is bearish for shortterm, and stock might move down till 62.3 or till 61.3. Use a stoploss of 63.12 and if the stock hits stoploss, then it can shoot up till 63.96
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 | 62.06 |
| Downside Intraday Target | 61.11 |
| Upside Intraday Target | 63.78 |
| Upside Intraday Target | 64.55 |
| Downside Intraday Target | 62.83 |
Weekly technical analysis of Rio Tinto (RIO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 63.02 | 62.35 | 63.59 | 61.87 | 0.923 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 |
| 23 Fri Aug 2024 | 63.02 | 64.82 | 65.22 | 60.64 | 0.869 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 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 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 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 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 losing momentum.
MACD generated a BUY signal for Rio Tinto in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rio Tinto in short term and BUY signal is strong.
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 62.65 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 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 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 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 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 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 losing momentum.
MACD generated a BUY signal for Rio Tinto in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rio Tinto in short term and BUY signal is strong.
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 62.65 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 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.