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Rio Tinto Group

RIO.AX Technical Analysis Summary (ASX)

Analyze RIO.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RIO.AX●ASX
Basic MaterialsIndustrial Materials
$173.03
$6.83(3.80%)
Australian Market opens in 5h 9m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RIO.AX Technical Analysis Summary (ASX)

Rio Tinto Group (ASX: RIO.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 64.51)
Trend Strength:Weak (ADX: 18.85)
Volatility:Medium (ATR: 3.72)
Support/Resistance:$153.13 – $183.32 (Bollinger Bands)

Technical conditions suggest Rio Tinto Group on the ASX is awaiting a decisive move. This mix signals that Rio Tinto Group is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 64.51

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 96.90

Bearish
Overbought levels may trigger pullback.

Williams %R: -4.44

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 10.26

Strongly Bullish
Strong upside momentum.

Takeaway:Rio Tinto Group shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 2.62

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.85

Weak
Weak trend, market trading sideways.

ATR (14): 3.72

Medium
Medium volatility, healthy price movement.

CCI (14): 91.95

Bullish
Bullish, momentum building upward.

Takeaway:Rio Tinto Group shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$183.32
Middle Band (SMA 20)
$168.23
Lower Band
$153.13
Current Position
Within Bands

Takeaway:Rio Tinto Group trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$179.36
Middle Line (EMA 20)
$171.92
Lower Channel
$164.48
Squeeze Status
No Squeeze

Takeaway:Rio Tinto Group trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-4.14M
Money Flow Index76.41Bullish, inflows support continued momentum.
Relative Vigor Index64.91Bullish, price momentum strongly favors buyers.

Overall Takeaway:RIO.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Rio Tinto Group (ASX: RIO.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Rio Tinto Group are mixed, suggesting a Hold or wait-and-see approach.

(ASX: RIO.AX) Technical Analysis FAQ