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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Rio Tinto Plc (NYSE:RIO)
Strong Uptrend (+100) - RIO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RIO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for RIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RIO
The long-term trend has been UP since May 7th, 2024 at 70.185
The intermediate-term trend has been UP since Apr 2nd, 2024 at 64.700
The short-term trend has been UP since May 3rd, 2024 at 68.800
Smart Scan Analysis for RIO
Based on our trend formula, RIO is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.620 | 70.135 | 69.520 | 70.045 | +1.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.020 | 1354157 | 2024-05-09 13:14:48 |
| Year High | 60.72 | Year High Date | 2018-06-06 |
| Year Low | 45.62 | Year Low Date | 2018-09-11 |
| 52wk High | 75.0891 | 52wk High Date | 2023-12-28 |
| 52wk Low | 58.27 | 52wk Low Date | 2023-08-16 |
| Year End Close | 58.09 | Average Volume | 2,947,340 |
| Shares Outstanding | 1,375,612 | Short Interest | 10,699,694 |
| % Institutional | 4.9 | Market Cap | 89,931M |
| Assets | 103,549,000M | Liabilities | 489,630,000M |
| Beta | 1.94 | Volatility | 32.38 |