Stock Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Rivian Automotive, Inc. (NASDAQ:RIVN)
Bull Market Weakness (+75) - RIVN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RIVN as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for RIVN
The long-term trend has been DOWN since Nov 22nd, 2021 at 108.0100
The intermediate-term trend has been UP since May 31st, 2022 at 31.8214
The short-term trend has been UP since Jun 21st, 2022 at 29.5600
Smart Scan Analysis for RIVN
Based on our trend formula, RIVN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||179.4699||52wk High Date||2021-11-16|
|52wk Low||19.25||52wk Low Date||2022-05-11|
|Average Volume||16,636,964||Shares Outstanding||900,658|