RIVIAN AUTOMOTIVE INC-A (RIVN)

US76954A1034 - Common Stock

9.04  +0.52 (+6.1%)

After market: 9.02 -0.02 (-0.22%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to RIVN. RIVN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than RIVN.
RIVN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RIVN is lagging the market.
In the last month RIVN has a been trading in the 8.26 - 11.13 range, which is quite wide. It is currently trading near the lows of this range.
RIVN has an average volume of 48684900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RIVN is an average performer in the Automobiles industry, it outperforms 53% of 40 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RIVN Weekly chart
RIVN Daily chart
Setup Rating and Analysis

3

The technical rating of RIVN 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.

Support and Resistance Analysis

8.31

9.39

When analyzing the support we notice one important area.

  • Support @8.39 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 9.05 to 9.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @9.30 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.07
Mansfield-5.32
10 Day High9.24
10 Day Low8.26
20 Day High11.13
20 Day Low8.26
52 Week High28.06
52 Week Low8.26
Performance
1 Week4.75%
2 Weeks-0.99%
1 Month-17.44%
3 Month-40.88%
6 Month-43.54%
12 Month-29.49%
2 Year-70.11%
3 YearN/A
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)0.07
RSI(14)40.39
LBB7.83
UBB10.33
RIVN Daily chart

RIVIAN AUTOMOTIVE INC-A

NASDAQ:RIVN (4/26/2024, 7:13:39 PM)

After market: 9.02 -0.02 (-0.22%)

9.04

+0.52 (+6.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg6.1%
1 Week4.75%
2 Weeks-0.99%
1 Month-17.44%
3 Month-40.88%
6 Month-43.54%
12 Month-29.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.54
ATR(20)%5.79%
ATR Inc
Range Today0.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.24
10 Day Low8.26
20 Day High11.13
20 Day Low8.26
52 Week High28.06
52 Week Low8.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume28.23M
Volume Incr-25.16%
Vol(5)30.69M
Vol(50)48.68M