16.32 USD
-0.15 (-0.91%)
16.38 USD
+0.06 (+0.37%)
Overall RIVN gets a technical rating of 4 out of 10. RIVN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month RIVN has a been trading in the 15.86 - 21.70 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- RIVN is one of the better performing stocks in the Automobiles industry, it outperforms 97% of 36 stocks in the same industry.
- RIVN has an average volume of 44640400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that RIVN is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- RIVN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RIVN is lagging the market.
- Considerably lower volume is observed in the last couple of days.
RIVN 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
12.29
18.07
We found 5 important support areas.
- A support zone ranging from 16.16 to 16.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.48 from a trend line in the weekly time frame.
- A support zone ranging from 13.22 to 13.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.78 from a trend line in the weekly time frame.
- Support @12.41 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.73 to 17.89. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for RIVN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RIVN is down. |
| ChartMill Relative Strength | 86.14 | POSITIVE | RIVN has a high relative strength, it outperformed 86.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RIVN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RIVN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RIVN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.4 | NEUTRAL | The RSI value for RIVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests RIVN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.97 | OVERSOLD | The low Stochastics value suggests RIVN may be oversold. |
| Average True Range in percent/ATR (20) | 6.14 | HIGH VOLATILITY | The high ATR as a percentage value for RIVN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.23 | NEUTRAL | The ADX value for RIVN suggests a possible start of a new 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)
16.32
-0.15 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.91%
1 Week-6.74%
2 Weeks-18.64%
1 Month-24.97%
3 Month25.73%
6 Month16.49%
12 Month27.8%
2 Year6.6%
3 Year-15.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%6.14%
ATR Inc-40.5%
Range Today0.76
ADR(20)0.95
ADR(20)%5.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.14
3 months CRS91.4
6 months CRS77.54
Mansfield0.45
10 Day High20.95
10 Day Low15.86
20 Day High21.7
20 Day Low15.86
52 Week High22.69
52 Week Low10.36
CS1 End16.31
CR1 Start17.73
Volume & EV
DER(3)0.49%
DER(5)-0.89%
Volume20.35M
Volume Incr-32.37%
Vol(5)25.97M
Vol(50)44.64M
RIVIAN AUTOMOTIVE INC-A / RIVN FAQ
What is the ChartMill technical rating of RIVIAN AUTOMOTIVE INC-A (RIVN) stock?
ChartMill assigns a technical rating of 4 / 10 to RIVN.
What is the current trend direction of RIVIAN AUTOMOTIVE INC-A (RIVN) stock?
The current trend direction for RIVIAN AUTOMOTIVE INC-A (RIVN) is Bearish.
What is the RSI signal for RIVN stock?
RIVIAN AUTOMOTIVE INC-A (RIVN) has an RSI value of 35.4022. This indicates that the stock is currently neutral.
What is the MACD signal for RIVN stock?
The MACD indicator for RIVIAN AUTOMOTIVE INC-A (RIVN) has a value of -0.512484, indicating a bearish trend.
What is the short term momentum for RIVIAN AUTOMOTIVE INC-A (RIVN) stock?
The short term momentum for RIVIAN AUTOMOTIVE INC-A (RIVN) is negative.