Rivian Stock Forecast: RIVN Collapse Continues, Outlook remains Negative

3.1 16 votes

Article Rating

Rivian Stock Forecast, January 21st: In the next trading session, the stock price of RIVN is expected to trade between $ 57 and $ 72.

The Current Outlook is Negative (Positive: 20%, Negative: 60%).

2 analysts

Rivian closed 6.31% lower at $ 65.02 in the last trading session.

Share Volume	19 M	Higher
Forward PE	-13.2	NA

Rivian Stock Forecast: Performance chart

Stock Name	1 day	5 days	1 Month	1 Year
Rivian	-6.31%	-25.21%	-32.84%	-35.45%

Read about Tesla Stock Forecast

Contents

Rivian Stock Forecast: Momentum Summary
Technical Analysis
RIVN Stock Analysis Video
Rivian Stock Forecast: Latest Rivian Stock News and Prediction Tweets
Rivian Stock Forecast and Prediction: Social Media Sentiment
Rivian Stock Forecast: Challenges
Share this:

Rivian Stock Forecast: Momentum Summary

Indicator	Trend
Price	Lower
Volumes	Higher
Performance vs NASDAQ	Lower
Technical	Sell
Social Media Sentiment Trend	Steady

Read: LUCID Stock Forecast

Read: Best EV stocks to buy in 2022

Technical Analysis

Source	Support	Resistance	Recommendation
Investing	$ 59 (S3)	$ 74 (R1)	Sell
Barchart	$ 55 (S3)	$ 70 (R1)	NA

RIVN Stock Analysis Video

Rivian Stock Forecast: Latest Rivian Stock News and Prediction Tweets

Originally tweeted by StockAutomate (@StockAutomate) on January 21, 2022.

$RIVN Perfect short setup | SHORT Entry Alerted: $74.5 and then the Exit on alert at: $71.58 💰| Use algo today!

Originally tweeted by ⚡️The Traveling Trader⚡️ (@travelingcrypto) on January 21, 2022.

Took a while but our bearish thesis on $RIVN played out nicely. $65 puts we bought back in November are in the money and up nicely. And if your fund manager doesn’t use the term “crazy ass valuation” as a reasoning find a new one.

Latest Rivian Stock News
1. Better Buy Now: Lucid Up 20% or Rivian Down 20%? 2. After the euphoria, a comedown for Rivian

Marketbeat: Rivian (NASDAQ:RIVN) Given Consensus Rating of “Buy” by Brokerages

Read: NIO Stock Forecast

Period	Positive Sentiment	Negative Sentiment	Net Sentiment
Last 7 days	5%	10%	-5%
Last 24 hours	5%	9%	-4%

Rivian Stock Forecast: Challenges

Every investor is hoping Rivian to become next Tesla. But company has nothing to show in its balance sheet as of today with only sample pieces being distributed to employees.
US Manufacturers are struggling with labor shortages and wage issues. When Rivian starts mass producing vehicles, these hiccups will definitely come into the picture. It will be interesting to note how Rivian deals with these issues.
Also, the biggest EV market is based in China, and Rivian is yet to set up a manufacturing plant outside America. China government’s reaction to Rivian expansion will have a major impact on company’s financials.
There is another cloud on Rivian’s horizon. Its former Vice President of sales and marketing, Laura Schwab is suing the company and claimed that she was wrongfully dismissed after her complain about toxic “bro culture” in the company. She also warned that delivery targets of company were “not achievable”.
Rivian is yet to deal with labor unions and different environmentalists going forward with its expansion in different communities. That will pose a challenge for company’s management.

Vineet Agarwal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.