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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Rivian Automotive, Inc. (NASDAQ:RIVN)

Countertrend Down (-85) - RIVN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

NASDAQ_RIVN
Open High Low RIVN Price Change
10.880 11.495 10.880 10.955 -0.035
Entry Signal

MarketClub’s Trade Triangles for RIVN

long term down The long-term trend has been DOWN since Oct 6th, 2023 at 17.80

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2024 at 19.00

short term up The short-term trend has been UP since Mar 28th, 2024 at 11.13

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
10.880 11.495 10.880 10.955 -0.035
Prev. Close Volume Bid Ask Time
10.950 41526862 2024-03-28 15:59:57
52wk High28.0652wk High Date2023-07-27
52wk Low10.0552wk Low Date2024-02-26
Average Volume48,024,450Shares Outstanding957,718
Assets167,780,000MLiabilities763,700,000M
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