RIOT PLATFORMS INC (RIOT) Stock Technical Analysis
NASDAQ:RIOT - Nasdaq - US7672921050 - Common Stock - Currency: USD
Taking everything into account, RIOT scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month RIOT has a been trading in the 10.59 - 15.34 range, which is quite wide. It is currently trading near the lows of this range.
RIOT is part of the Software industry. There are 283 other stocks in this industry. RIOT outperforms 81% of them.
RIOT has an average volume of 41602000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, RIOT did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
RIOT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RIOT is lagging the market.
Considerably lower volume is observed in the last couple of days.
RIOT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.32
15.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.02 to 11.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.38 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.09 to 11.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.67 from a horizontal line in the daily time frame.
- Resistance @14.97 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RIOT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RIOT is down. |
| ChartMill Relative Strength | 87.82 | POSITIVE | RIOT has a high relative strength, it outperformed 87.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RIOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RIOT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RIOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.06 | NEUTRAL | The RSI value for RIOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests RIOT has a negative trend. |
| Stochastics (14,3) | 18.22 | OVERSOLD | The low Stochastics value suggests RIOT may be oversold. |
| Average True Range in percent/ATR (20) | 8.7 | HIGH VOLATILITY | The high ATR as a percentage value for RIOT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.83 | POSITIVE | The high ADX value value for RIOT suggests a strong trend. |
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)
11.08
-0.5 (-4.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.32%
1 Week0.45%
2 Weeks-23.8%
1 Month-10.79%
3 Month30.66%
6 Month-4.81%
12 Month37.47%
2 Year-2.38%
3 Year54.53%
5 Year216.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%8.7%
ATR Inc-10.03%
Range Today0.84
ADR(20)0.87
ADR(20)%7.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.82
Mansfield0.23
10 Day High14.65
10 Day Low10.59
20 Day High15.34
20 Day Low10.59
52 Week High15.87
52 Week Low6.19
CS1 End11.02
CR1 Start11.09
Volume & EV
DER(3)0.79%
DER(5)2.56%
Volume20.81M
Volume Incr-43.05%
Vol(5)25.25M
Vol(50)41.60M