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RIO Crosses Above Key Moving Average Level

By Metals Channel Staff, Wednesday, May 25, 11:01 AM ET
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In trading on Wednesday, shares of Rio Tinto plc (NYSE:RIO) crossed above their 200 day moving average of $71.33, changing hands as high as $71.93 per share. Rio Tinto plc shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of RIO shares, versus its 200 day moving average:

Rio Tinto plc 200 Day Moving Average Chart

Looking at the chart above, RIO's low point in its 52 week range is $59.58 per share, with $91.09 as the 52 week high point — that compares with a last trade of $71.82.


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