RIVIAN AUTOMOTIVE INC. - 15 min. - Technical analysis published on 03/11/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
0%
44%
My opinion
Bearish under 41.71 USD
My targets
39.22 USD (-4.71%)
37.29 USD (-9.41%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on RIVIAN AUTOMOTIVE INC.. As long as you are under the resistance located at 41.71 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 39.22 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 37.29 USD as an objective. Crossing it would then enable sellers to target 34.80 USD. If the resistance 41.71 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.7
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This analysis was given by Sueyoshi. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIVIAN AUTOMOTIVE INC. price is 41.16 USD. On the day, this instrument lost -6.35% with the lowest point at 39.77 USD and the highest point at 44.19 USD. The deviation from the price is +3.50% for the low point and -6.86% for the high point.39.77
44.19
41.16
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RIVIAN AUTOMOTIVE INC.:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 15 min. of this RIVIAN AUTOMOTIVE INC. chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 39.84 | 41.16 | 46.25 | 53.48 | 63.60 |
| Change (%) | -3.21% | - | +12.37% | +29.93% | +54.52% |
| Change | -1.32 | - | +5.09 | +12.32 | +22.44 |
| Level | Intermediate | - | Minor | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.80 | 37.29 | 39.22 | 41.71 | 43.64 | 46.13 | 48.06 |
| Camarilla | 39.95 | 40.35 | 40.76 | 41.16 | 41.57 | 41.97 | 42.38 |
| Woodie | 34.53 | 37.15 | 38.95 | 41.57 | 43.37 | 45.99 | 47.79 |
| Fibonacci | 37.29 | 38.98 | 40.02 | 41.71 | 43.40 | 44.44 | 46.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.49 | 32.58 | 39.98 | 54.07 | 61.47 | 75.56 | 82.96 |
| Camarilla | 41.48 | 43.45 | 45.42 | 47.39 | 49.36 | 51.33 | 53.30 |
| Woodie | 15.16 | 30.91 | 36.65 | 52.40 | 58.14 | 73.89 | 79.63 |
| Fibonacci | 32.58 | 40.79 | 45.86 | 54.07 | 62.28 | 67.35 | 75.56 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.87 | 46.19 | 56.87 | 64.19 | 74.87 | 82.19 | 92.87 |
| Camarilla | 62.61 | 64.26 | 65.91 | 67.56 | 69.21 | 70.86 | 72.51 |
| Woodie | 40.56 | 47.03 | 58.56 | 65.03 | 76.56 | 83.03 | 94.56 |
| Fibonacci | 46.19 | 53.06 | 57.31 | 64.19 | 71.06 | 75.31 | 82.19 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.49 | |
| MACD (12,26,9): | -0.3600 | |
| Directional Movement: | 3.26 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 40.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 40.62 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 41.84 | |
| Zig ZAG (10): | 41.16 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 61.09 | |
| TEMA (21): | 40.75 | |
| Williams %R (14): | -31.47 | |
| Chande Momentum Oscillator (20): | 1.12 | |
| Repulse (5,40,3): | 0.0900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2100 | |
| Courbe Coppock: | 3.51 |
| MA7: | 45.94 | |
| MA20: | 57.40 | |
| MA50: | 68.11 | |
| MA100: | - | |
| MAexp7: | 41.00 | |
| MAexp20: | 41.11 | |
| MAexp50: | 42.11 | |
| MAexp100: | 43.96 | |
| Price / MA7: | -10.40% | |
| Price / MA20: | -28.29% | |
| Price / MA50: | -39.57% | |
| Price / MA100: | - | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | -2.26% | |
| Price / MAexp100: | -6.37% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on RIVIAN AUTOMOTIVE INC. at the time of the analysis were as follows:
- Rivian Releases Fourth Quarter and Full Year 2021 Financial Results
- RJ Scaringe to Participate in the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference 2022
- Rivian Sets Date for Release of Fourth Quarter and Full Year 2021 Results
This member declared not having a position on this financial instrument or a related financial instrument.
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