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Stock Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

Rivian Automotive, Inc. (NASDAQ:RIVN)

Countertrend Up (+85) - RIVN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NASDAQ_RIVN
Open High Low RIVN Price Change
16.500 17.025 16.330 16.740 -0.160
Entry Signal

MarketClub’s Trade Triangles for RIVN

long term up The long-term trend has been UP since Jun 26th, 2024 at 13.640

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 10.408

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 16.940

Smart Scan Analysis for RIVN

Based on our trend formula, RIVN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for RIVN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.500 17.025 16.330 16.740 -0.160
Prev. Close Volume Bid Ask Time
16.750 23904611 2024-07-19 15:59:23
52wk High28.0652wk High Date2023-07-27
52wk Low8.2652wk Low Date2024-04-16
Average Volume69,289,061Shares Outstanding995,320
Assets157,340,000MLiabilities766,500,000M
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