RIOT PLATFORMS INC (RIOT) Technical Analysis
NASDAQ:RIOT • US7672921050
Current stock price
RIOT Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to RIOT. Both in the recent history as in the last year, RIOT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, RIOT did better than 93% of all other stocks.
- RIOT is part of the Software industry. There are 272 other stocks in this industry. RIOT outperforms 94% of them.
- In the last month RIOT has a been trading in the 11.50 - 19.07 range, which is quite wide. It is currently trading near the high of this range.
- RIOT has an average volume of 17988000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
RIOT Weekly and Daily overview Charts
RIOT Setup Rating and Analysis
Although RIOT has an excellent technical rating, it does not present a decent entry opportunity 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
RIOT Support and Resistance Analysis
11.80
3 important support areas can be observed.
- Support @13.32 from a trend line in the weekly time frame.
- Support @12.71 from a horizontal line in the weekly time frame.
- A support zone ranging from 11.92 to 12.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.62 to 18.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
RIOT Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for RIOT is up. |
| ChartMill Relative Strength | 93.55 | POSITIVE | RIOT has a high relative strength, it outperformed 93.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RIOT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RIOT is above 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) | 63.83 | NEUTRAL | The RSI value for RIOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests RIOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.09 | OVERBOUGHT | The high Stochastics value suggests RIOT may be overbought. |
| Average True Range in percent/ATR (20) | 6.52 | HIGH VOLATILITY | The high ATR as a percentage value for RIOT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.87 | NEGATIVE | The low ADX value for RIOT suggests a weak or negative trend. |
RIOT Chart- and CandleStick Pattern Analysis
RIOT Technicals: Chart, Performance Metrics, Trend & Indicators
18.61
+0.4 (+2.2%)
RIOT PLATFORMS INC / RIOT TA FAQ
Can you provide the ChartMill technical rating for RIOT PLATFORMS INC?
ChartMill assigns a technical rating of 10 / 10 to RIOT.
What is the trend direction for RIOT stock?
The current trend direction for RIOT PLATFORMS INC (RIOT) is Bullish.
What is the RSI signal for RIOT PLATFORMS INC (RIOT) stock?
RIOT PLATFORMS INC (RIOT) has an RSI value of 63.8318. This indicates that the stock is currently neutral.
What is the MACD signal for RIOT stock?
The MACD indicator for RIOT PLATFORMS INC (RIOT) has a value of 0.264183, indicating a bearish trend.
Can you provide the support and resistance levels for RIOT PLATFORMS INC?
RIOT PLATFORMS INC (RIOT) has a support level at 13.32 and a resistance level at 18.62. Check the full technical report for our detailed analysis of RIOT support and resistance levels.