RIO2 LTD/NEW (RIO.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RIO - CA7672171021 - Common Stock
We assign a technical rating of 10 out of 10 to RIO. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RIO is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by RIO over the past year are nicely spread over this period.
- RIO is one of the better performing stocks in the Metals & Mining industry, it outperforms 90% of 817 stocks in the same industry.
- RIO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RIO has a been trading in the 3.01 - 3.78 range, which is quite wide. It is currently trading near the high of this range.
- RIO has an average volume of 1058060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RIO has an excellent technical rating, it does not offer a high quality setup 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
2.10
We found 3 important support areas.
- Support @3.36 from a horizontal line in the daily time frame.
- Support @2.27 from a trend line in the daily time frame.
- Support @2.12 from a trend line in the daily time frame.
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 | 96.52 | POSITIVE | RIO.CA has a high relative strength, it outperformed 96.52% 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) | 73.69 | OVERBOUGHT | The high RSI value suggests RIO.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RIO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 78.28 | NEUTRAL | The Stochastics value for RIO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for RIO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.85 | POSITIVE | The high ADX value value for RIO.CA suggests a strong trend. |
TSX-V:RIO (1/22/2026, 7:00:00 PM)
3.76
+0.26 (+7.43%)
RIO2 LTD/NEW / RIO.CA FAQ
What is the ChartMill technical rating of RIO2 LTD/NEW (RIO.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to RIO.CA.
What is the trend direction for RIO stock?
The current trend direction for RIO2 LTD/NEW (RIO.CA) is Bullish.
What is the RSI signal for RIO stock?
RIO2 LTD/NEW (RIO.CA) has an RSI value of 73.6892. This indicates that the stock is currently overbought.
What is the MACD signal for RIO2 LTD/NEW (RIO.CA) stock?
The MACD indicator for RIO2 LTD/NEW (RIO.CA) has a value of -0.0139024, indicating a bearish trend.
What are the support and resistance levels for RIO2 LTD/NEW (RIO.CA) stock?
RIO2 LTD/NEW (RIO.CA) has a support level at 3.36. Check the full technical report for our detailed analysis of RIO.CA support and resistance levels.