RIO NEWS why is Rio Tinto Plc price falling or rising

RIO NEWS reasons for why stock price of Rio Tinto Plc is falling or rising

RIO Rio Tinto is falling or rising technical reasons

Technical analysis forecast for Rio Tinto Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Rio Tinto RIO at this time. Stock is falling and might fall more.

It appears as if Rio Tinto RIO gave a large move recently.

Stock of Rio Tinto (RIO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Rio Tinto is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Rio Tinto stays below 60.8, but if it comes above 60.8, then a intra day buy could be more profitable.
If you take a sell trade below 60.8, then use 60.8 as stoploss and 59.5 as target. However if you take a buy trade in Rio Tinto, then use 60.8 as stoploss and 61.98 as target.

RIO Rio Tinto is falling or rising NEWS fundamental reasons

Mitsui & Co. To Buy 40% Stake In Rhodes Ridge JV From Rio Tinto's Partner (RTTNews) - Rio Tinto announced that Mitsui & Co. agreed to acquire a 40% interest in the Rhodes Ridge Joint Venture from Rio Tinto's partners. - NEWS as on 2025-02-19 nasdaq.com

Rio Tinto Group (RIO) Q4 2024 Earnings Call Transcript Image source: The Motley Fool. - NEWS as on 2025-02-19 nasdaq.com

More announcements and NEWS

RIO Rio Tinto Plc current price & indicator signals

Moving Averages for Rio Tinto Plc

  • 5Day Average: 61.54
  • 12Day Average: 62.66
  • 20Day Average: 62.22
  • 50Day Average: 60.77
  • 100Day Average: 62.63
  • 150Day Average: 62.96
  • 200Day Average: 64.19

RIO Indicators & signals

Indicator MACD (12,26,9)

62.01, 61.88, 0.46
Indicator MACD is in positive zone

Indicator ADX (14)

26.03, 22.13, 37.7
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RIO Rio Tinto Plc are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Fri Feb 2025 60.56 60.02 to 60.68 -0.25% 0.97 times
27 Thu Feb 2025 60.71 60.69 to 61.31 -1.41% 0.9 times
26 Wed Feb 2025 61.58 61.51 to 62.09 -0.85% 0.72 times
25 Tue Feb 2025 62.11 61.34 to 62.36 -1% 1.46 times
24 Mon Feb 2025 62.74 62.65 to 63.44 -1.24% 0.75 times
21 Fri Feb 2025 63.53 63.27 to 64.49 -1.18% 0.68 times
20 Thu Feb 2025 64.29 63.76 to 64.74 2.44% 0.96 times
19 Wed Feb 2025 62.76 61.24 to 63.42 0% 1.35 times
19 Wed Feb 2025 62.76 61.24 to 63.42 -2.21% 1.35 times
18 Tue Feb 2025 64.18 63.61 to 64.27 1.29% 0.67 times
14 Fri Feb 2025 63.36 63.30 to 64.73 0.11% 1.16 times
13 Thu Feb 2025 63.29 62.31 to 63.51 2.01% 1.03 times

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RIO NEWS why is Rio Tinto Plc price falling or rising

 

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