Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Rio Tinto Plc (NYSE:RIO)
Bear Market Rally (-75) - RIO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RIO as it may be in the beginning of a reversal.
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 DOWN since Mar 9th, 2023 at 68.300
The intermediate-term trend has been DOWN since Feb 6th, 2023 at 74.595
The short-term trend has been UP since Mar 21st, 2023 at 66.690
Smart Scan Analysis for RIO
Based on our trend formula, RIO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 65.33 | 65.53 | 65.15 | 65.53 | +0.48 |
| Prev. Close | Volume | Bid | Ask | Time |
| 65.05 | 506911 | 2023-03-23 10:12:01 |
| Year High | 60.72 | Year High Date | 2018-06-06 |
| Year Low | 45.62 | Year Low Date | 2018-09-11 |
| 52wk High | 83.21 | 52wk High Date | 2022-04-18 |
| 52wk Low | 50.915 | 52wk Low Date | 2022-09-26 |
| Year End Close | 58.09 | Average Volume | 4,372,408 |
| Shares Outstanding | 1,375,612 | Short Interest | 10,699,694 |
| % Institutional | 4.9 | Market Cap | 89,931M |
| Assets | 102,896,000M | Liabilities | 514,640,000M |
| Beta | 1.94 | Volatility | 32.38 |