RIOT PLATFORMS INC (RIOT) Stock Technical Analysis
USA - NASDAQ:RIOT - US7672921050 - Common Stock
We assign a technical rating of 3 out of 10 to RIOT. Although RIOT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of RIOT is bad and it also does not present a 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
We found 2 important support areas.
- A support zone ranging from 13.87 to 13.94. 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.
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 | NEUTRAL | NEUTRAL | The long term trend for RIOT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RIOT is down. |
| ChartMill Relative Strength | 82.54 | POSITIVE | RIOT has a high relative strength, it outperformed 82.54% 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) | 31.91 | NEUTRAL | The RSI value for RIOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests RIOT has a negative trend. |
| Stochastics (14,3) | 6.26 | OVERSOLD | The low Stochastics value suggests RIOT may be oversold. |
| Average True Range in percent/ATR (20) | 12.54 | HIGH VOLATILITY | The high ATR as a percentage value for RIOT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.91 | POSITIVE | The high ADX value value for RIOT suggests a strong trend. |
13.95
+0.07 (+0.5%)
RIOT PLATFORMS INC / RIOT FAQ
Can you provide the ChartMill technical rating for RIOT PLATFORMS INC?
ChartMill assigns a technical rating of 3 / 10 to RIOT.
Can you provide the trend direction for RIOT PLATFORMS INC?
The current trend direction for RIOT PLATFORMS INC (RIOT) is Bearish.
What is the RSI signal for RIOT stock?
RIOT PLATFORMS INC (RIOT) has an RSI value of 31.9079. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for RIOT PLATFORMS INC?
RIOT PLATFORMS INC (RIOT) has a support level at 13.94. Check the full technical report for our detailed analysis of RIOT support and resistance levels.