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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Rivian Automotive, Inc. (NASDAQ:RIVN)
Sidelines Mode (+55) - RIVN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RIVN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RIVN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RIVN
The long-term trend has been DOWN since Oct 6th, 2023 at 17.800
The intermediate-term trend has been UP since May 6th, 2024 at 10.408
The short-term trend has been DOWN since May 8th, 2024 at 9.900
Smart Scan Analysis for RIVN
Based on our trend formula, RIVN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.250 | 10.470 | 10.040 | 10.225 | -0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.270 | 24247078 | 2024-05-09 14:29:02 |
| 52wk High | 28.06 | 52wk High Date | 2023-07-27 |
| 52wk Low | 8.26 | 52wk Low Date | 2024-04-16 |
| Average Volume | 45,328,203 | Shares Outstanding | 995,320 |
| Assets | 167,780,000M | Liabilities | 763,700,000M |