Pretiming: Daily RIOT stock forecast

Notification

> It's updated daily, weekly
> If you subscribe to the Pretiming Premium, you can receive daily/weekly global stock price forecasts of your choice via email.
Thank you.

Search

Showing posts with label Daily RIOT stock forecast. Show all posts
Showing posts with label Daily RIOT stock forecast. Show all posts

RIOT. Riot Platforms, Inc. (RIOT) stock for the next 10-Day forecast and technical analysis.

RIOT Stock 10-Day forecast and technical analysis by pretiming.

Closed price

Jun 02, 2023

11.71

-5.64%

Appropriate Investment Position: Neutral

Today's stock price Buy-Sell strength analysis

The current trend appears to be 'Entering a downtrend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and a stronger LOW-price Finally, the CLOSE-price closed with a stronger decline rate than the current trend.

The overall buy-sell strength indicates that the sell strength is stronger than the buy.

Assuming that the average sell strength is -100%,

Today's sell strength is

-181%

 

 

Tomorrow's stock price Buy-Sell strength Forecast

Based on recent stock trends and technical analysis, it looks like RIOT stock is poised for an Correction trend tomorrow

The %strength of Risk & Return tomorrow :

40%

HIGH ~ LOW % range tomorrow :

7.2%

1.0%

Predicted Average return over the next 3 days:

10.5%

The price of RIOT stock moves in line with the rise and fall of the stock market index with a probability of

68%

 

, and conversely, it moves against the stock market index trend with a probability of

32%

 

 

RIOT stock price 10 Day forecast

It is expected that the overall trend movement over the next 10 days will follow a strong upward direction, with a ratio of 6 : 4 for the downward to upward direction, indicating a higher proportion of the downward trend. And, in terms of the expected strength of the upward and downward movements, the downward strength is moderate, while the upward strength is moderate. Currently, it's about to begin a downtrend as a rebound trend gradually gives way to small increases and sharp declines. and The Buy-Sell strength has changed from a strong buying flow to a suddenly strengthening selling flow.

Indicating that We are currently in a bullish zone so far. But It is likely to change to a bearish zone within a few days. A suitable investing position is 'Neutral' for now. The appropriate buying timing is predicted to be in 2 days.

The buying date is

Jun 05

to

Jun 06

A good price to buy a stock:

$ 11.93

And the appropriate selling timing is predicted to be in 6 days.

 

The selling date is

Jun 09

to

Jun 12

A good price to sell a stock:

$ 13.42

(Forecast may change due to changes in the Buy-Sell strength)

Volatility of forecast

Due to sudden changes in Buy-Sell strength that can cause instability in trend linkage, pretiming forecasting can be highly volatile.

Predicting the turning point of the trend

The probability of a trend reversal occurring approximately 7 days from now

36%

Forecast of Upper~Lower price range over the next 10 days

Price:

11.24

~

13.08

% Change:

-4.0%

~

11.7%

Median price between the upper and lower prices

12.16

3.9%

Analysis of the trend zone & level% and average strength of trends

For the last 30 days, the average trend zone & level%

Bearish

-24%

The Current trend zone & level%

Bullish

4%

The expected average trend zone & level% for the next 10 days

Bullish

9%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

33%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-34%

(Min -100%)

Forecasting the strength of the trend and the range of the HIGH ~ LOW

Trend

Strength%

HIGH

LOW

In 1 day: Correction trend

40%

7.2%

1.0%

In 2 days: Entering an uptrend

-28%

0.8%

-2.4%

In 3 days: Entering an uptrend

39%

3.8%

0.2%

In 4 days: Rebound trend

45%

6.1%

0.2%

In 5 days: Uptrend

42%

5.6%

-1.5%

In 6 days: Entering a correction trend

0%

3.6%

-1.7%

In 7 days: Entering a correction trend

-45%

0.5%

-7.1%

In 8 days: Correction trend

-33%

0.2%

-3.4%

In 9 days: Correction trend

34%

3.8%

-1.2%

In 10 days: Entering an uptrend

-28%

0.5%

-2.0%

Average closing price in case of rising:

 

6.6%

=> HIGH ~ LOW range:

8.7%

~

-2.3%

Average closing price in case of falling:

 

-4.0%

=> HIGH ~ LOW range:

3.4%

~

-6.2%

Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis.