To predict the stock price of Rivian (RIVN) for the next trading week, we analyze both technical indicators and recent news sentiment.
Current Price and Volume: Rivian closed at $11.62 on March 21, 2025, with a volume of 36,684,645 shares. The stock showed a regular market percentage change of +6.62% and a post-market change of +0.17%.
RSI Levels: The RSI_6 is 61.02, RSI_12 is 50.90, and RSI_14 is 49.52, indicating a neutral position, not overbought or oversold.
MACD and Histogram: The MACD_12_26_9 is -0.48, slightly bearish, but the MACD histogram shows buying pressure at 0.2.
Fibonacci Levels: Support levels at 10.6000 and 10.3000, with resistance at 11.5600 and 12.3300. The pivot point is at 11.0800.
Analyst Downgrade: Piper Sandler downgraded Rivian from Overweight to Neutral, citing weak demand and policy risks. The price target was reduced from $19 to $13.
Market Sentiment: Despite short-term challenges, some analysts believe the EV market may regain momentum, particularly in Europe, which could benefit Rivian.
Given the technical indicators and news sentiment, Rivian's stock is expected to consolidate around $11.50 next week. It may test the resistance level of $11.56 and potentially move towards $12.33 if it breaks out. However, if it fails to surpass this level, it might drop to the support at $10.60.
Based on the analysis, the stock price of Rivian (RIVN) is predicted to be around $11.80 next trading week.
Recommendation: Buy if the stock breaks above the resistance level of $11.56, as it may indicate a bullish trend towards $12.33.
The price of RIVN is predicted to go up -11.36%, based on the high correlation periods with VPG. The similarity of these two price pattern on the periods is 97.26%.
RIVN
VPG
Year
RIVN Price Forecast($)
Potential Return(%)
2025
18.000
29.960
2026
18.000
52.030
2027
25.000
111.150
2028
35.000
195.610
2029
25.000
111.150
2030
40.000
237.840
Piper Sandler
2025-03-20
Price Target
$19 → $13
Upside
+19.49%
Mizuho
2025-03-17
Price Target
$13 → $11
Downside
-0.18%
Guggenheim
2025-02-24
Price Target
$18 → $16
Upside
+33.78%