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Stock Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
Rivian Automotive, Inc. (NASDAQ:RIVN)
Long-Term Downtrend (-90) - RIVN is in a strong downtrend that is likely to continue. While RIVN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Nov 22nd, 2021 at 108.01
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 108.01
The short-term trend has been DOWN since Dec 2nd, 2021 at 113.10
Smart Scan Analysis for RIVN
Based on our trend formula, RIVN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 110.00 | 111.87 | 100.00 | 104.67 | -6.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 104.67 | 13569633 | 2021-12-03 15:59:42 |
| 52wk High | 179.4699 | 52wk High Date | 2021-11-16 |
| 52wk Low | 95.2 | 52wk Low Date | 2021-11-10 |
| Average Volume | 47,702,892 | Shares Outstanding | 845,034 |
| Assets | 649,100,000M | Liabilities | 972,000,000M |