RIO TINTO PLC-SPON ADR (RIO)

US7672041008 - ADR

70.04  +0.22 (+0.32%)

After market: 70.04 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to RIO. Although RIO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
RIO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RIO is lagging the market slightly.
In the last month RIO has a been trading in the 64.85 - 70.36 range, which is quite wide. It is currently trading near the high of this range.
RIO has an average volume of 3109130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, RIO outperforms 59% of them, which is more or less in line with the market.
RIO is part of the Metals & Mining industry. There are 154 other stocks in this industry, RIO did better than 52% of them.
Weekly and Daily overview Charts
RIO Weekly chart
RIO Daily chart
Setup Rating and Analysis

3

Although RIO has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

60.51

75.52

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 67.01 to 68.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 61.12 to 63.22. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @72.42 from a trend line in the weekly time frame.
  • A resistance zone ranging from 74.46 to 74.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.19
Mansfield-0.49
10 Day High70.36
10 Day Low66.71
20 Day High70.36
20 Day Low64.85
52 Week High75.09
52 Week Low58.27
Performance
1 Week3.26%
2 Weeks5.1%
1 Month4.13%
3 Month3.12%
6 Month7%
12 Month13.44%
2 Year-4.63%
3 Year-19.89%
5 Year20.9%
10 Year36.32%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)65.66
LBB66
UBB70.15
RIO Daily chart

RIO TINTO PLC-SPON ADR

NYSE:RIO (5/7/2024, 7:20:09 PM)

After market: 70.04 0 (0%)

70.04

+0.22 (+0.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.32%
1 Week3.26%
2 Weeks5.1%
1 Month4.13%
3 Month3.12%
6 Month7%
12 Month13.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.09
ATR(20)%1.89%
ATR Inc
Range Today0.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High70.36
10 Day Low66.71
20 Day High70.36
20 Day Low64.85
52 Week High75.09
52 Week Low58.27
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.08M
Volume Incr-32.39%
Vol(5)2.34M
Vol(50)3.11M