(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 2024-09-11 View latest technical analysis
10 day averaged volume of Rio Tinto is 2372750
Date | Daily Closing Price | Open | High | Low | Volume |
11 Wed Sep 2024 | 61.21 | 60.74 | 61.31 | 60.20 | 1.067 times |
10 Tue Sep 2024 | 59.77 | 59.82 | 59.82 | 59.40 | 0.882 times |
09 Mon Sep 2024 | 60.01 | 60.07 | 60.46 | 59.99 | 1.003 times |
06 Fri Sep 2024 | 59.71 | 60.09 | 60.19 | 59.35 | 1.428 times |
05 Thu Sep 2024 | 60.39 | 60.53 | 60.86 | 60.37 | 0.858 times |
04 Wed Sep 2024 | 60.09 | 60.13 | 60.58 | 60.05 | 0.884 times |
03 Tue Sep 2024 | 60.34 | 61.00 | 61.07 | 60.10 | 1.566 times |
30 Fri Aug 2024 | 63.27 | 63.01 | 63.27 | 62.64 | 0.943 times |
30 Fri Aug 2024 | 63.27 | 63.01 | 63.27 | 62.64 | 0.943 times |
29 Thu Aug 2024 | 63.32 | 62.96 | 63.58 | 62.83 | 0.621 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 60.5 as stoploss in an intra day buy trade for a target of 61.99. However, stock will show a bearish move below 60.5.
Share price targets for Rio Tinto (RIO)
Target Type | Value |
Downside Target | 59.35 |
Downside Target | 60.64 |
Upside Target | 63.27 |
Upside Target | 63.59 |
Upside Target | 64.40 |
Upside Target | 65.22 |
Upside Target | 65.38 |
Upside Target | 67.27 |
Upside Target | 68.87 |
Upside Target | 69.60 |
Upside Target | 74.24 |
Intraday share price targets for Rio Tinto (RIO)
Target Type | Value |
Downside Intraday Target | 59.97 |
Downside Intraday Target | 58.73 |
Upside Intraday Target | 61.88 |
Upside Intraday Target | 62.55 |
Downside Intraday Target | 60.64 |
Weekly technical analysis of Rio Tinto (RIO)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Wed Sep 2024 | 61.21 | 60.07 | 61.31 | 59.40 | 0.623 times |
06 Fri Sep 2024 | 59.71 | 61.00 | 61.07 | 59.35 | 5.02 times |
30 Fri Aug 2024 | 63.27 | 63.01 | 63.27 | 62.64 | 0.21 times |
30 Fri Aug 2024 | 63.27 | 63.80 | 64.40 | 62.64 | 0.898 times |
23 Fri Aug 2024 | 63.02 | 62.35 | 63.59 | 61.87 | 0.923 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 |
11 Wed Sep 2024 | 61.21 | 61.00 | 61.31 | 59.35 | 0.292 times |
30 Fri Aug 2024 | 63.27 | 64.82 | 65.22 | 60.64 | 1.095 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 |
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 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 losing momentum.
MACD generated a SELL signal for Rio Tinto in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
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 60.97 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 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 losing momentum.
MACD generated a SELL signal for Rio Tinto in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
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 60.97 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.