Rio Tinto (RIO)

Download button icon Download

Rio Tinto (RIO): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Rio Tinto (RIO.AX)


Indicator:

CHAIKIN MONEY FLOW


Last Signal:

BULLISH


Trading: HOLD @ $78.52
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


Rio Tinto (ASX:RIO) current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.34. RIO.AX received a confirmed CMF crossover days on the Aug 31 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.42 occurring on the Aug 31 2018.


Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can also look for crosses above or below the zero line to identify changes on money flow.

Calculation: Chaikin Money Flow (20):
1) Money Flow Multiplier = [(Close - Low) - (High - Close)] / (High - Low);
2) Money Flow Volume = Money Flow Multiplier x Volume for the Period;
3) 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of Volume;


PROFILE: Rio Tinto (RIO.AX)


Stock Exchange: ASX
Company: Rio Tinto
Ticker Codes: | RIO.AX | ASX:RIO |

About Rio Tinto (ASX:RIO):

Rio Tinto Limited engages in finding, mining, and processing mineral resources primarily in Australia and North America. It offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, thermal and metallurgical coal, uranium, silver, molybdenum, sulphuric acid, rhenium, lead carbonate, selenium, ductile iron, steel billets, metal powders, and zircon. The company also operates in Asia, Europe, Africa, and South America. Rio Tinto Limited was incorporated in 1959 and is headquartered in Melbourne, Australia.

Top 10:

Chaikin Money Flow

Download button icon Download
Company Close Change (%) Volume Value Signal
PMP PMP 0.19 2.8 234,093 -1 BEARISH CROSSUNDER
SHJ Shine Corporate 0.87 2.4 11,068 0.04 BEARISH CROSSUNDER
LIC Lifestyles Communities 6.1 2.2 51,921 -0.01 BEARISH CROSSUNDER
OSH Oil Search 8.9 1.8 4,006,611 -0.01 BEARISH CROSSUNDER
QVE QV Equities 1.17 1.7 214,168 -0.08 BEARISH CROSSUNDER
ILU Iluka Resources 10.02 1.7 1,718,930 0.02 BEARISH CROSSUNDER
KSL Kina Securities 1.07 1.4 451,956 0.02 BEARISH CROSSUNDER
NWS News Corporation 18.17 1.3 275,260 0.02 BEARISH CROSSUNDER
MIN Mineral Resources 16.18 0.9 908,805 -0.05 BEARISH CROSSUNDER
TRS Reject Shop 4.94 0.8 34,073 0 BEARISH CROSSUNDER
back to top