RIVIAN AUTOMOTIVE INC-A (RIVN) Technical Analysis
NASDAQ:RIVN • US76954A1034
Current stock price
14.77 USD
-0.44 (-2.89%)
At close:
14.8201 USD
+0.05 (+0.34%)
After Hours:
RIVN Technical Rating and Analysis
Overall RIVN gets a technical rating of 0 out of 10. 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.
- When comparing the yearly performance of all stocks, RIVN is a bad performer in the overall market: 68% of all stocks are doing better.
- In the last month RIVN has a been trading in the 14.55 - 17.55 range, which is quite wide. It is currently trading near the lows of this range.
- RIVN is part of the Automobiles industry. There are 35 other stocks in this industry. RIVN outperforms 76% of them.
- RIVN has an average volume of 30032300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- RIVN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RIVN is lagging the market slightly.
RIVN Weekly and Daily overview Charts
RIVN Setup Rating and Analysis
Although the technical rating is bad, RIVN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
RIVN Support and Resistance Analysis
13.26
16.82
When analyzing the support we can see 4 important areas.
- Support @14.74 from a horizontal line in the weekly time frame.
- Support @14.41 from a trend line in the daily time frame.
- A support zone ranging from 13.72 to 13.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 13.39 to 13.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.38 to 15.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.65 from a horizontal line in the daily time frame.
RIVN 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 | 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 | 32.13 | NEUTRAL | RIVN is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of RIVN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RIVN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.2 | NEUTRAL | The RSI value for RIVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RIVN has a negative trend. |
| Stochastics (14,3) | 15.6 | OVERSOLD | The low Stochastics value suggests RIVN may be oversold. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for RIVN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.72 | NEGATIVE | The low ADX value for RIVN suggests a weak or negative trend. |
RIVN Chart- and CandleStick Pattern Analysis
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)
RIVN Technicals: Chart, Performance Metrics, Trend & Indicators
14.77
-0.44 (-2.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-2.89%
1 Week-0.94%
2 Weeks-0.61%
1 Month-3.65%
3 Month-29.33%
6 Month-5.26%
12 Month19.02%
2 Year34.89%
3 Year-4.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%6.24%
ATR Inc-46.36%
Range Today0.54
ADR(20)0.86
ADR(20)%5.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.13
3 months CRS13.88
6 months CRS42.67
Mansfield0.14
10 Day High17.12
10 Day Low14.7
20 Day High17.56
20 Day Low14.55
52 Week High22.69
52 Week Low10.36
CS1 End14.74
CR1 Start15.38
Volume & EV
DER(3)-2.03%
DER(5)-0.4%
Volume22.35M
Volume Incr-22.46%
Vol(5)23.28M
Vol(50)30.03M
RIVIAN AUTOMOTIVE INC-A / RIVN TA FAQ
What is the ChartMill technical rating of RIVIAN AUTOMOTIVE INC-A (RIVN) stock?
ChartMill assigns a technical rating of 0 / 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 44.1998. 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 -0.0381847, 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.