RIO2 LTD/NEW (RIO.CA) Stock Technical Analysis
TSX-V:RIO - TSX Venture Exchange - CA7672171021 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to RIO. In the last year, RIO was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month RIO has a been trading in the 0.69 - 0.82 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that RIO is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by RIO over the past year are nicely spread over this period.
RIO is part of the Metals & Mining industry. There are 822 other stocks in this industry. RIO outperforms 83% of them.
RIO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so RIO slightly outperforms the market at the moment.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, RIO also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.73, a Stop Loss order could be placed below this zone.
More info and screens
0.59
0.74
3 important support areas can be observed.
- A support zone ranging from 0.69 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.65 to 0.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.60 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.32
Mansfield2.32
10 Day High0.78
10 Day Low0.69
20 Day High0.82
20 Day Low0.69
52 Week High0.82
52 Week Low0.35
Performance
1 Week-0.68%
2 Weeks-5.77%
1 Month-6.96%
3 Month14.84%
6 Month44.12%
12 Month98.65%
2 Year406.9%
3 Year-0.68%
5 Year182.69%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)51.31
LBB0.69
UBB0.79
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.79 | 0.68 | 0.11 (13.92%) | 7.18% |
| An entry @0.79. This is a Buy Stop order right above the 10 day high. | An exit @0.68. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 13.92%. | When investing 7.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:RIO (3/7/2025, 7:00:00 PM)
0.735
+0.03 (+4.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.26%
1 Week-0.68%
2 Weeks-5.77%
1 Month-6.96%
3 Month14.84%
6 Month44.12%
12 Month98.65%
2 Year406.9%
3 Year-0.68%
5 Year182.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.73%
ATR Inc8.25%
Range Today0.04
ADR(20)0.03
ADR(20)%4.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.32
Mansfield2.32
10 Day High0.78
10 Day Low0.69
20 Day High0.82
20 Day Low0.69
52 Week High0.82
52 Week Low0.35
CS1 End0.73
CR1 StartN/A
Volume & EV
DER(3)2.53%
DER(5)-2.1%
Volume93.71K
Volume Incr61.75%
Vol(5)748.39K
Vol(50)378.31K