REPORTING FOR 2019-10-17 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how RIO has been trading over the last 2 weeks and the past day especially. On its latest session, Rio Tinto Plc ($RIO) opened at 50.88, reaching a high of 51.03 and a low of 50.415 before closing at a price of 50.52. There was a total volume of 2193528.
VOLUME INDICATORS FOR RIO TINTO PLC ($RIO): We saw an accumulation-distribution index of 980.87514, an on-balance volume of 51.4, chaikin money flow of 7.2 and a force index of 1.8546. There was an ease of movement rating of -0.00546, a volume-price trend of -4.02447 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR RIO TINTO PLC ($RIO): We noted an average true range of 0.70559, bolinger bands of 51.4391, an upper bollinger band of 49.9259, lower bollinger band of 50.415, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 50.775, high band keltner channel of 50.625, low band keltner channel of 50.925, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 50.415, a donchian channel low band of 50.415, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR RIO TINTO PLC ($RIO): We calculated a Moving Average Convergence Divergence (MACD) of 0.012, a MACD signal of 0.00667, a MACD difference of 0.00533, a fast Exponential Moving Average (EMA) indicator of 50.415, a slow Exponential Moving Average (EMA) indicator of 50.415, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.08606, a trix of -4.96704, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 4.45323, a KST Oscillator (KST) of -81.16223 and a KST Oscillator (KST Signal) of -81.16223 (leaving a KST difference of 2.43766). We also found an Ichimoku rating of 50.955, an Ichimoku B rating of 50.955, a Ichimoku visual trend A of 54.888, an Ichimoku visual trend B of 53.46057, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR RIO TINTO PLC ($RIO): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.66935, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -16.02302, a stochastic oscillator of 410.0, a stochastic oscillator signal of 410.0, a Williams %R rating of 310.0 and an awesome oscillator of 0.07767.
RETURNS FOR RIO TINTO PLC ($RIO): There was a daily return of -8.11622, a daily log return of 1.0556 and a cumulative return of 1.06119.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-17 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Rio Tinto Plc ($RIO)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Rio Tinto Plc ($RIO) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.