RIO2 LTD/NEW (RIO.CA) Stock Technical Analysis
TSX-V:RIO - TSX Venture Exchange - CA7672171021 - Common Stock - Currency: CAD
Taking everything into account, RIO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RIO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RIO is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, RIO also shows a nice and consistent pattern of rising prices.
RIO is part of the Metals & Mining industry. There are 806 other stocks in this industry. RIO outperforms 91% of them.
RIO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
RIO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Although RIO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.76
1.65
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.51 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.29 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.90 from a trend line in the daily time frame.
- Support @0.84 from a trend line in the weekly time frame.
- Support @0.77 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.63 to 1.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RIO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RIO.CA is up. |
| ChartMill Relative Strength | 95.93 | POSITIVE | RIO.CA has a high relative strength, it outperformed 95.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RIO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RIO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RIO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.32 | NEUTRAL | The RSI value for RIO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RIO.CA has a negative trend. |
| Stochastics (14,3) | 70.24 | NEUTRAL | The Stochastics value for RIO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for RIO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 47.13 | POSITIVE | The high ADX value value for RIO.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:RIO (7/18/2025, 7:00:00 PM)
1.54
+0.01 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.65%
1 Week-3.75%
2 Weeks-4.94%
1 Month16.67%
3 Month71.11%
6 Month138.76%
12 Month165.52%
2 Year492.31%
3 Year1084.62%
5 Year81.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%4.61%
ATR Inc-12.95%
Range Today0.04
ADR(20)0.07
ADR(20)%4.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.93
Mansfield7.44
10 Day High1.64
10 Day Low1.52
20 Day High1.64
20 Day Low1.26
52 Week High1.64
52 Week Low0.5
CS1 End1.53
CR1 Start1.63
Volume & EV
DER(3)-6.81%
DER(5)-2.35%
Volume413.33K
Volume Incr-16.45%
Vol(5)459.60K
Vol(50)510.69K