RIVIAN AUTOMOTIVE INC-A (RIVN) Stock Technical Analysis
NASDAQ:RIVN - Nasdaq - US76954A1034 - Common Stock
Overall RIVN gets a technical rating of 6 out of 10. RIVN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
In the last month RIVN has a been trading in the 12.73 - 16.65 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
RIVN is part of the Automobiles industry. There are 42 other stocks in this industry. RIVN outperforms 82% of them.
RIVN has an average volume of 45326500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, RIVN turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
RIVN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RIVN is lagging the market.
RIVN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 13.28, a Stop Loss order could be placed below this zone.
More info and screens
9.89
16.57
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.28 to 13.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.16 from a trend line in the daily time frame.
- Support @9.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.02 to 14.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.45 from a horizontal line in the daily time frame.
- Resistance @16.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 16.36 to 16.41. This zone is formed by a combination of multiple trend lines 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
CRS60.11
Mansfield-0.22
10 Day High16.64
10 Day Low12.99
20 Day High16.65
20 Day Low12.73
52 Week High18.86
52 Week Low8.26
Performance
1 Week-1.48%
2 Weeks-19.41%
1 Month1.76%
3 Month27.18%
6 Month-18.01%
12 Month-13.08%
2 Year-31.49%
3 Year-79.78%
5 YearN/A
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)-0.17
RSI(14)47.11
LBB12.26
UBB16.04
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 |
|---|---|---|---|
| 14.23 | 13.27 | 0.96 (6.75%) | 14.82% |
| An entry @14.23. This is a Buy Stop order right above the resistance zone. | An exit @13.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.96 points, which is 6.75%. | When investing 14.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of RIVN. Please evaluate whether better entry and exit points can be found.
- 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.
RIVIAN AUTOMOTIVE INC-A
NASDAQ:RIVN (1/21/2025, 6:47:48 PM)
After market: 13.32 +0.03 (+0.23%)13.29
-0.92 (-6.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-6.47%
1 Week-1.48%
2 Weeks-19.41%
1 Month1.76%
3 Month27.18%
6 Month-18.01%
12 Month-13.08%
2 Year-31.49%
3 Year-79.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%8.04%
ATR Inc7.2%
Range Today1.07
ADR(20)0.99
ADR(20)%7.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.11
Mansfield-0.22
10 Day High16.64
10 Day Low12.99
20 Day High16.65
20 Day Low12.73
52 Week High18.86
52 Week Low8.26
CS1 End13.28
CR1 Start14.02
Volume & EV
DER(3)-1.75%
DER(5)-0.25%
Volume44.47M
Volume Incr8.8%
Vol(5)41.28M
Vol(50)45.33M