RIO TINTO PLC-SPON ADR (RIO) Stock Technical Analysis
NYSE:RIO - New York Stock Exchange, Inc. - US7672041008 - ADR - Currency: USD
Taking everything into account, RIO scores 0 out of 10 in our technical rating. RIO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, RIO is a bad performer in the overall market: 73% of all stocks are doing better.
RIO is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 69% are performing better than RIO.
In the last month RIO has a been trading in the 58.96 - 62.80 range, which is quite wide. It is currently trading near the lows of this range.
RIO has an average volume of 3289560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
RIO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RIO is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of RIO is bad and it also does not present a 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
58.98
65.63
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 59.78 to 62.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
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 | NEUTRAL | NEUTRAL | The long term trend for RIO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RIO is down. |
| ChartMill Relative Strength | 27.27 | NEGATIVE | RIO has a low relative strength, it was outperformed by 72.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RIO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.89 | NEUTRAL | The RSI value for RIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests RIO has a negative trend. |
| Stochastics (14,3) | 17 | OVERSOLD | The low Stochastics value suggests RIO may be oversold. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for RIO suggests low volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for RIO suggests a weak or negative 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)
59.58
+0.15 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.25%
1 Week-3.25%
2 Weeks-4.89%
1 Month-0.2%
3 Month-4.38%
6 Month-4.07%
12 Month-12.38%
2 Year-6.67%
3 Year-2.33%
5 Year6.05%
10 Year44.58%
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%1.59%
ATR Inc-6.17%
Range Today0.59
ADR(20)0.74
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.27
Mansfield-0.83
10 Day High62.65
10 Day Low58.96
20 Day High62.8
20 Day Low58.96
52 Week High72.08
52 Week Low51.67
CS1 EndN/A
CR1 Start59.78
Volume & EV
DER(3)1.74%
DER(5)0.4%
Volume4.74M
Volume Incr83.04%
Vol(5)4.68M
Vol(50)3.29M