NASDAQ:RIVN • US76954A1034
We assign a technical rating of 2 out of 10 to RIVN. RIVN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
RIVN has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
12.92
We found 5 important support areas.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for RIVN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RIVN is down. |
| ChartMill Relative Strength | 59.6 | NEUTRAL | RIVN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RIVN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RIVN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RIVN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.26 | NEUTRAL | The RSI value for RIVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RIVN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 23.57 | NEUTRAL | The Stochastics value for RIVN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.68 | HIGH VOLATILITY | The high ATR as a percentage value for RIVN suggests high volalility. |
| Average Directional Index/ADX (14) | 14.2 | NEGATIVE | The low ADX value for RIVN suggests a weak or negative trend. |
14.92
-0.18 (-1.19%)
ChartMill assigns a technical rating of 2 / 10 to RIVN.
The current trend direction for RIVIAN AUTOMOTIVE INC-A (RIVN) is Bearish.
RIVIAN AUTOMOTIVE INC-A (RIVN) has an RSI value of 44.2642. This indicates that the stock is currently neutral.
The MACD indicator for RIVIAN AUTOMOTIVE INC-A (RIVN) has a value of 0.0565547, indicating a bearish trend.
The short term momentum for RIVIAN AUTOMOTIVE INC-A (RIVN) is negative.