Get started
Rivian AutomotiveRivian AutomotiveRivian Automotive

Rivian Automotive

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

RIVN trade ideas

RIVIAN giving highly accurate signals within this Channel Down.Rivian Automotive (RIVN) couldn't have been giving us more accurate signals since May (see charts below), as not only did we get a timely entry at the bottom (chart 1, May 17) but also sold at the very top (June 26 chart 2) of the Channel Down: Right now we face a technical similarity with September 2023, exactly 1 year ago, where the price failed to utilize the 1D MA50 (blue trend-line) as Support and started a new long-term Bearish sequence. However we do realize the potential long-term trend changing effect that a potential new cycle of interest rate cuts might have in two weeks, so again our trading plan will prepare for both scenarios with clear break-out signals and levels. Obviously as long as the price remains within the 2-year Channel Down, the trend is bearish and the action will be 'sell on every high'. The Sell Signal on the September 2023 fractal was given when the 1D RSI hit the 60.00 level (red arrow, Sep 14 2023). Naturally we will wait for another such trigger to sell and Target 10.55 on the 0.5 Fibonacci retracement level, which is where last year's sell signal bottomed (October 30 2023). If on the other hand, the price closes a 1W candle above the 1W MA100 (yellow trend-line), we will buy that clear long-term bullish break-out signal and Target 28.00 (just below Resistance 2). This could emerge as a Channel Up pattern. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:RIVN
by TradingShot
Potential for a squeeze in RivianRivian Automotive (RIVN) Shows Signs of Potential Squeeze Amid Accumulation Phase Rivian Automotive Inc. (NASDAQ: RIVN), the electric vehicle manufacturer, is showing intriguing signs of a potential squeeze play according to recent market data and technical analysis. As of August 26, 2024, RIVN is trading at $13.95, near the lower end of its 52-week range of $8.26 to $24.87. However, several factors are aligning that could lead to a significant upward price movement: 1. High Short Interest: With a short interest of 12.08% and 119,324,500 shares sold short, RIVN has a considerable amount of short positions that may need to be covered if positive momentum builds. 2. Accumulation Phase: The chart indicates an "Accumulation Phase," suggesting that larger investors may be quietly building positions at current price levels. 3. Institutional Ownership: A substantial 47.4% of shares are held by institutions, which could provide stability and potential for coordinated buying pressure. 4. Analyst Optimism: Bank of America has set a 12-month price objective of $20.00, implying significant upside potential from current levels. 5. Oversold Conditions: The stock is trading well below its 52-week high, potentially setting up for a reversal if market sentiment shifts. The combination of high short interest and signs of accumulation could create a perfect storm for a short squeeze. If positive catalysts emerge or if large institutional buyers increase their positions, it could force short sellers to cover their positions, driving the price up rapidly. However, investors should also consider the risks. Rivian's negative EPS of -5.95 and a P/E ratio of -2.31 indicate the company is not yet profitable. The automotive industry is highly competitive, and Rivian faces challenges in scaling production and achieving profitability. As always, thorough due diligence is essential before making any investment decisions, especially in a volatile stock with squeeze potential like RIVN
NASDAQ:RIVN
by Moshkelgosha
Long term UP, mid term DOWNTSLA and RIVN move pretty similar, and I think TSLA is due a drop out in the foreseeable, so think the same will happen with RIVN before a big move up. This is an example of a accumulation phase from another stock, and much the way I track TSLA (see my other posts for examples), it works for RIVN too to my eye. I was recently asked what my thoughts were on RIVN, so I'm just posting this since it's done now. But personally, I'm not going to touch it until it's sub $10 again, and probably even as low as $5 as the spring part of accumulation can hit with brute force down before heading back up. Additionally, you know the hedgefunds will want it as low as possible before closing their short positions, and plenty of these stocks end right near the gutter before ramping, so down at $5 or less would make sense to me as a loose thought.
NASDAQ:RIVN
by ash4zeker
1
$RIVN - to $16 then back to $18EV vehicle market heating up like a tesla charging station in death valley. Healthy red hammer candlestick that tapped the bottom of the regression channel. it needs to cool it to $16 before headed to $18, this is solely based on the fib channel. I labeled the resistance fib on the chart as well. Interesting chart overall. This stock long term could be fantastic after a difficult start. EV market as a whole, is set to change big. batteries are like micro ships. every year the size requirement gets cut in half. I truly believe the electric future, but the market manipulation on EVs is wild. Lots of speculation. not trade advice.
NASDAQ:RIVNLong
by mike-ai-automation
2
Rivian Bullish Historical Trend ContinuedVolkswagen earlier today confirmed my initial thesis. In my previous thesis I spoke about the VW potential acquisition of Rivian (RIVN). It was confirmed today by Volkswagen that they have officially acquired a minority stake in Rivian ( www.tradingview.com ). Earlier this month news broke about Volkswagen's 5 Billion dollar deal with Rivan on a joint venture project. Many people including myself saw this as an opportunity for VW to add a EV company to its umbrella of brands. Well as of today, it was confirmed that VW now does have a minorty stake in the acquisition of Rivian. My initial feeling about the joint venture project was that this was a way of slowly acquiring the EV company. Rivian will use the money to launch themselves further while still maintaining their independence or that this was a pre-acquisition/takeover. Granted that takeover may be a strong word but essentially that is what is happening. "When it comes to cooperation projects set up to develop new products and technologies in key cutting-edge sectors, particularly those involving large companies, we take a close look at competition in innovation," Bundeskartellamt President Andreas Mundt said in a statement on Friday. "The project does not raise any concerns in this respect, nor does it raise any other serious competition concerns." ~MT Newswire Like and comment your thoughts on this ongoing project?
NASDAQ:RIVNLong
by Bmmcoo009
5
Price Analysis $25As we are nearing Earnings. I am noticing that more and more analysts are pushing their expectations higher suggesting the belief of a beat in expectations which would be just as expected which would suggest a decline in price action post earnings. If that were to be the case, we would see a decline in Revenue and an increase in EPS and future growth expectations. Now if we were to see an increase in Revenue with an increase in eps and increase in growth higher than analyst expectations, we will easily see rapid price increase. My expectations are that Analyst have undervalued Rivian Potential for growth and Rivalry to Tesla (TSLA) as we Lucid (LCID). Rivian is set to blow analyst expectations away. but again, just my thoughts. Price target $25 valuation Strong buy
NASDAQ:RIVNLong
by Bmmcoo009
Rivian Bullish Historical Chart trend analysisNovember of 2021 Rivian started trading on the New York Stock Exchange. With a price of $106.75, Rivian saw a high of $179.47. Since its all-time highs, it has seen a steady decline. Over the last two and a half years there has been one trend in which I have noticed that leaves me with the optimism of a very bullish move coming. In observation of the historical price action, amidst the downtrend in price I have noticed that Rivian has its most bullish movement every year between the second and third quarter. Price action starts to bottom and reverses trend though July into august just after earnings where it tends to slow down. This cycle is not proven to be a consistently repetitive occurrence as there is limited data to confirm this pattern and/or trend to be true but, the evidence so far is strong. The first occurrence from May 11, 2022 - Aug. 12, 2022, in which produced roughly a 110% increase in price from bottom to top. The second occurrence started a little earlier from APR. 25, 2023- JUL. 27,2023 in which produced roughly a 140% return. By doing simple math and taking the average of the two, I would predict roughly 125% return (give or take a few percentage points for unpredictability and human fallibility) between Apr. 18,2024 where this year's bottom was found and earnings Aug. 06,2024. Doing that calculations that would put us in the $18.50 and $23 range. BUT WAIT THERE IS MORE!!!! I tend to track patterns with the help of exponential moving averages. To save the headache of explaining what moving average are, please do your due diligence. I like to use what I call macro averages. The 100 day and the 200-day moving average. You pay attention to the circles; you will notice the first wave on the daily chart rejects the 100-day moving average (blue). You will then see the second wave reject the 200-day moving average (White). The significance in this pattern is that we are steadily reaching a higher moving average as the moving averages come lower. Within the first wave, after breaking through the high of the 100-day moving average on the daily, it pushed 5% higher before retracing. On the second wave, after breaking the 200-day moving average it pushed 22% higher. In this present 3rd wave, we have not made our full move and are already 9% higher than the 200-day moving average. We are above both the 100-day moving average and 200 day moving average which is significant pattern in my theory for and breakout for higher pricing. There is a lot more leg room to go and demand is steadily increasing. Volkswagen (VOW3) has recently invested 5 billion into the company as part of a project they are working on. These are all signs confirming bullish momentum. Like Share and comment your opinion I would love to know
NASDAQ:RIVNLong
by Bmmcoo009
6
"Rivian Stock Gaps: Key Insights"There are 2 gaps formed in ''Rivian Automotive'' in the 1st half of 2024; the first gap called '' Exhaustion Gap'', formed on last February, as it appeared after a downtrend that started in July 2023, (which means this downtrend is finished!), and after this, the stock witnessed a sideway move for 4 months, which is considered an accumulation phase, then after this accumulation, the stock witnessed high volatility in the end of June 2024, to form a new gap called ''Breakaway Gap'', as this gap shows conviction in the new uptrend direction, and this gap is not ''Filled''. currently, the stock closed below the last peak 16.35, which is considered the level that needs to be violated to confirm the uptrend, which will trigger further rises near 16.85 - 18.15 - 19.50 - 20.50 - 22 on the short term. The stop-loss lies below 14$. the indicators are heading toward the positive side, which confirms the mentioned positive scenario. The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
NASDAQ:RIVNEducation
by Gehad_Abouelela
5
RIVN Rivian Automotive Options Ahead of EarningsIf you haven`t sold RIVN when they started to recall vehicles due to loose fasteners: Then analyzing the options chain and the chart patterns of RIVN Rivian Automotive prior to the earnings report this week, I would consider purchasing the 10usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $3.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NASDAQ:RIVNLong
by TopgOptions
2
Rivian: Bullish Momentum and Strong Support Following VolkswagenI am bullish on Rivian following the significant news catalyst of Volkswagen investing up to $5 billion in the company. Despite closing the day with a bearish shooting star, the impact was minimal as we remain well above the 9 EMA and reclaimed the 200 EMA. For four consecutive days, Rivian has failed to close the gap since the news broke, indicating strong support. On the daily timeframe, we successfully broke the 10 fractal downtrend, which is a positive technical signal. Over the past three days, we've observed higher bull volume and weak bear volume, reinforcing my bullish thesis. I believe Rivian has a lot of potential to run further based on these observations.
NASDAQ:RIVNLong
by Tradetron3000
2
A strong buy signal for Rivian Automotive Inc. (RIVN)Technical Analysis of Rivian Automotive Inc. (ticker on Nasdaq: RIVN) A strong technical buy signal has been triggered for Rivian Automotive (RIVN) following a breakout from a large inverse head and shoulders formation. The potential for the stock according to this inverted head and shoulders formation is initially up to around USD 20.00 (cf. red dashed lines in the chart). The next technical resistance level will then be around USD 25.00. There may therefore be a significant upside now for the Rivian Automotive share, which has a potential of around USD 20.00 in the short term (1-3 months) and USD 25.00 - 28.00 in the medium term (3-6 months). What is special about this stock now is that the aforementioned reverse head and shoulders formation is also a technical analysis term 'island signal'. This provides further positive technical signals for the further development of the share in the short and medium term. The overall technical picture for Rivian Automotive Inc. (RIVN) is clearly positive now, and indicates a further rise to USD 20.00 - 28.00 in the next 1-6 months.
NASDAQ:RIVNLong
by StockCharts365