REPORTING FOR 2019-11-18 | 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 ($RIO) opened at 53.43, reaching a high of 53.9899 and a low of 53.27 before closing at a price of 53.97. There was a total volume of 1932962.
VOLUME INDICATORS FOR RIO TINTO PLC ($RIO): We saw an accumulation-distribution index of 183.59951, an on-balance volume of -52.92, chaikin money flow of 1.57153 and a force index of 2.2375. There was an ease of movement rating of 0.00516, a volume-price trend of -0.03112 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR RIO TINTO PLC ($RIO): We noted an average true range of 0.71886, bolinger bands of 53.95566, an upper bollinger band of 51.83434, lower bollinger band of 53.27, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 53.5633, high band keltner channel of 53.0034, low band keltner channel of 54.1232, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 53.27, a donchian channel low band of 53.27, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR RIO TINTO PLC ($RIO): We calculated a Moving Average Convergence Divergence (MACD) of -0.01683, a MACD signal of -0.00935, a MACD difference of -0.00748, a fast Exponential Moving Average (EMA) indicator of 53.27, a slow Exponential Moving Average (EMA) indicator of 53.27, 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 0.26121, a trix of 2.01409, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 0.12839, a KST Oscillator (KST) of -2.40436 and a KST Oscillator (KST Signal) of -2.40436 (leaving a KST difference of -3.51134). We also found an Ichimoku rating of 53.70995, an Ichimoku B rating of 53.70995, a Ichimoku visual trend A of 53.53016, an Ichimoku visual trend B of 53.52367, 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 ($RIO): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 25.1622, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -406.15292, a stochastic oscillator of 128.57653, a stochastic oscillator signal of 128.57653, a Williams %R rating of 28.57653 and an awesome oscillator of -0.08416.
RETURNS FOR RIO TINTO PLC ($RIO): There was a daily return of -0.24044, a daily log return of -1.41793 and a cumulative return of -1.40792.
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 2019-11-18 (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.