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Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Rio Tinto Plc (NYSE:RIO)
Long-Term Downtrend (-90) - RIO is in a strong downtrend that is likely to continue. While RIO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Aug 5th, 2024 at 62.87
The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 60.64
The short-term trend has been DOWN since Aug 30th, 2024 at 62.65
Smart Scan Analysis for RIO
Based on our trend formula, RIO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 60.070 | 60.190 | 59.350 | 59.715 | -0.675 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.710 | 3167130 | 2024-09-06 15:59:36 |
| 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 | 59.8 | 52wk Low Date | 2023-10-23 |
| Year End Close | 58.09 | Average Volume | 2,415,910 |
| 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 |