Technical analysis from Rio Tinto (RIO.AX.AX, ASX:RIO.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Rio Tinto
+ Share

Daily bar has confirmed has confirmed an ADX a strong trend is intact for RIO
Average Directional Movement /
Daily bar has confirmed has confirmed an ADX a strong trend is intact for RIO

[Trend]: ADX for RIO has confirmed a strong trend is presentRio Tinto has an ATR(14) of 1.5420, a DX of 22.2300 & an ADX(14) of 25.7500

CCI has stabilized for RIO
Commodity Channel Index /
CCI has stabilized for RIO

[NEUTRAL]: Rio Tinto current trading has closed out Commodity Channel Index to overbought status and signalled the initiation of normal trading conditions. Currently, the CCI is 89.0000. The previous bearish signal was active for 1 day. During the quarter, the highest CCI value was 183.

Percentage Price /
Rio Tinto currently has positive PPO 1.7000

RIO: PPO Recent Trading -> (1) 24 Apr: 1.7310 (2) 23 Apr: 1.7460 (3) 20 Apr: 1.4580

Pivot Points /
Rio Tinto has moved below the S1 pivot point ($78.9940) [Bearish]

Rio Tinto has broken the first support point ($78.9940) [Bearish]. Look for a short limit order entry near this point. Exit price for RIO should be set @$78.4670 & short position stoploss for Rio Tinto should be set between $81.4770 & $82.0040

Fibonacci Extensions /
[Short]: Limit orders for Rio Tinto should be set at $0.0000

Rio Tinto has moved above the 161.8% level ($0.0000) [Bearish]. Look for a short limit order entry near this point. Exit price for RIO should be set @$0.0000 & short position stoploss for Rio Tinto should be set at $0.0000

Chaikin Money Flow /
CMF has a bearish relationship between price and volume

RIO: Chaikin Oscillator Current Signal -> (1) 24 Apr: BEARISH (2) 23 Apr: BEARISH (3) 20 Apr: BEARISH

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On Balance Volume /
RIO: Current trading activity signals OBV accumulation is active

[BULLISH]: Rio Tinto current price has highlighted recent accumulation. Currently, the OBV is 1542129.0000.

Positive VROC for Rio Tinto is a leading indicator for continued price rise
Volume Rate of Change /
Positive VROC for Rio Tinto is a leading indicator for continued price rise

[BULLISH]: Rio Tinto currently has positive volume of change of 261.0000%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -2.6000%.

Rio Tinto has maintained the 2nd timeframe trend [Uptrend]
Medium Trend /
Rio Tinto has maintained the 2nd timeframe trend [Uptrend]

[BULLISH]: Rio Tinto has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 17 2018.

Ulcer Index /
Rio Tinto: Ulcer Index 2.2610 [Low Stress]

[BEARISH]: Rio Tinto UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.2610.

Black Candle /
RIO Basic Candle: Black

[BEARISH]: Rio Tinto has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Detrended Price Oscillator /
Price is currently above the displaced moving average for RIO [Bullish]

[BULLISH]: Rio Tinto currently has a confirmed uptrend. Price is currently above the displaced moving average for RIOCurrently, the return on DPO20 is -2.6%.

Market conditions are indicating DVI distribution is current for RIO
Daily Volume Index /
Market conditions are indicating DVI distribution is current for RIO

[BEARISH]: Rio Tinto current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -2376.0000.

Daily trading produced an Downtrend bar for Rio Tinto
Short Trend /
Daily trading produced an Downtrend bar for Rio Tinto

[BEARISH]: Rio Tinto is in a downtrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 4

Sine Weighted Moving Average /
Price is now trading below the Sine Weighted Moving Average(5) for RIO

[BEARISH]: Rio Tinto currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -2.6%.

Price Range /
Range for RIO has surpassed the range of the previous trading session

[BULLISH]: Rio Tinto current uptrend in the first timeframe. Currently, the Range is $1.5050.

Elders Force Index /
Rio Tinto: Direction, extent & volume have increased in recent trading [Buying Pressure]

[BULLISH]: Rio Tinto current price has highlighted recent buying pressure. Currently, the Elders Force Index is 555801.0000.

Rio Tinto is no longer overbought [Neutral]
Stochastic Oscillator /
Rio Tinto is no longer overbought [Neutral]

[BEARISH]: Rio Tinto is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

MACD oscillator remains positive for RIO
MACD /
MACD oscillator remains positive for RIO

[BULLISH]: Rio Tinto currently has positive MACD of 0.7190. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 7.2%.

Rio Tinto: Range Performance (71.0)
Range Tod Vs Range Yest /
Rio Tinto: Range Performance (71.0)

[BEARISH]: Rio Tintosellers are increasingly eager. This is the first day sellers have increasing eagerness for RIO adding strength to a downtrend in the first timeframe. The biggest price range this month has been $9.5900 & the greatest daily price range this year has been $10.4300. The price range ratio this week versus the quarterly price range is 0.3000000000000000000x & the price range ratio this month versus the year to date price range is 0.9000000000000000000x.

Closing Price /
Rio Tinto: Daily closing price is $79.5200 [Bearish]

[BEARISH]: Rio Tinto current downtrend in the first timeframe. Currently, the Close is $79.5200.

Open Tod Vs Close Tod /
Rio Tinto opened in the upper part of daily range at 94.000000000000000% & closed in the lower part of the trading range at 5.000000000000000%. This suggests the sellers were in control all day.

[BEARISH STRONG]: Rio Tinto opened in the upper part of daily range at 94.000000000000000% & closed in the lower part of the trading range at 5.000000000000000%. This suggests the sellers were in control all day. Over the last 12 months there has been 42 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 16%. Over the last month there has been 3 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 17.6%.

Moving Average Envelope /
Closing price ($79.5200) for RIO is still below the Lower Envelope Band

[BULLISH]: Rio Tinto current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 73.2735.

Momentum /
Rio Tinto currently has positive momentum of 1.4300

[BULLISH]: Rio Tinto currently has positive momentum of 1.4300. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -2.6000%. The largest upward momentum rally for the last 3 months is 16 days producing a return of 9.8%%.

Strong volume performance from RIO has seen a higher volume of 222.8 [Uptrend]
Volume /
Strong volume performance from RIO has seen a higher volume of 222.8 [Uptrend]

[BULLISH]: Rio Tinto current volume uptrend in the first timeframe. Volume for RIO is5401013 (222.8).

Rio Tinto is no longer overbought with the Relative Strength Index @64.6970
Relative Strength Index /
Rio Tinto is no longer overbought with the Relative Strength Index @64.6970

RIO: RSI Recent Trading -> (1) 24 Apr: 64.6970 (2) 23 Apr: 77.7326 (3) 20 Apr: 75.2920

Exponential Moving Average /
Exponential Moving Average(5) signal is confirmed for Rio Tinto indicating downward price movement is likely

[BEARISH]: Rio Tinto currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -2.6%.

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