RIO News: Down 9.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Rio Tinto (RIO) - 26th Apr 2022, 11:35pm

[annb0t]

A downtrend has been apparent in Rio Tinto (RIO) lately with too much selling pressure. The stock has declined 9.8% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.

Here is How to Spot Oversold Stocks

We use Relative Strength Index (RSI), one of the most commonly used technical indicat...

>>> Read more: Down 9.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Rio Tinto (RIO)