RIO TINTO PLC-SPON ADR (RIO) Stock Technical Analysis
NYSE:RIO - New York Stock Exchange, Inc. - US7672041008 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to RIO. RIO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, RIO is a bad performer in the overall market: 68% of all stocks are doing better.
In the last month RIO has a been trading in the 55.77 - 61.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RIO has an average volume of 3233790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RIO is an average performer in the Metals & Mining industry, it outperforms 40% of 154 stocks in the same industry.
RIO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
RIO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 61.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 59.80, a Stop Loss order could be placed below this zone.
More info and screens
58.66
67.89
When analyzing the support we notice one important area.
- A support zone ranging from 59.25 to 59.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 61.88 to 62.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 63.54 to 64.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @67.22 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.98
Mansfield-0.5
10 Day High61.58
10 Day Low58.46
20 Day High61.88
20 Day Low55.77
52 Week High74.24
52 Week Low51.67
Performance
1 Week0.47%
2 Weeks-0.96%
1 Month9.31%
3 Month-3.18%
6 Month-6.91%
12 Month-14.07%
2 Year1.57%
3 Year-18.33%
5 Year11.24%
10 Year37.03%
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)0.12
RSI(14)52.41
LBB58.46
UBB61.54
59.98
+0.8 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.35%
1 Week0.47%
2 Weeks-0.96%
1 Month9.31%
3 Month-3.18%
6 Month-6.91%
12 Month-14.07%
2 Year1.57%
3 Year-18.33%
5 Year11.24%
10 Year37.03%
15 YearN/A
Volatility
ATR(14)1.26
ATR(20)%2.08%
ATR Inc-26.3%
Range Today0.6
ADR(20)0.89
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.98
Mansfield-0.5
10 Day High61.58
10 Day Low58.46
20 Day High61.88
20 Day Low55.77
52 Week High74.24
52 Week Low51.67
CS1 End59.8
CR1 Start61.88
Volume & EV
DER(3)1.54%
DER(5)1.34%
Volume1.26M
Volume Incr-41.1%
Vol(5)2.13M
Vol(50)3.23M