Technical Analysis for RIOT - Riot Blockchain, Inc.

Grade Last Price % Change Price Change
D 9.43 4.55% 0.41
RIOT closed up 4.55 percent on Thursday, September 28, 2023, on 1.26 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Slingshot Bearish Bearish Swing Setup 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Outside Day Range Expansion 4.55%
Wide Bands Range Expansion 4.55%
Gapped Up Strength 4.55%
Oversold Stochastic Weakness 4.55%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Pocket Pivot about 9 hours ago
10 DMA Resistance about 11 hours ago
Rose Above 10 DMA about 11 hours ago
Up 1 ATR about 11 hours ago
1.5x Volume Pace about 11 hours ago

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Riot Blockchain, Inc. Description

Riot Blockchain, Inc., together with its subsidiaries, focuses on building, supporting, and operating Blockchain technologies ecosystem. It is involved in digital currency mining operation, which utilizes specialized computers that generate digital currency primarily bitcoin. The company also holds interests in various activities, including purchasing and selling digital currencies; provides accounting, audit, and verification services for blockchain based assets, such as cryptocurrencies; and develops TessPay, a payments ecosystem for component and sub-component supply chain settlement solution, as well as other blockchain solutions for telecommunications companies. As of December 31, 2019, approximately 7,400 of the miners were installed and operating. The company was formerly known as Bioptix, Inc. and changed its name to Riot Blockchain, Inc. in October 2017. Riot Blockchain, Inc. was founded in 2000 and is based in Castle Rock, Colorado.


Sector: Financial Services
Industry: Capital Markets
Keywords: Computing Telecommunications Payment Systems Cryptocurrency Bitcoin Blockchain Digital Currencies Decentralization Cross Platform Software Bitcoin Mining Ethereum Verification Services

Is RIOT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 20.65
52 Week Low 3.25
Average Volume 17,649,827
200-Day Moving Average 10.04
50-Day Moving Average 13.10
20-Day Moving Average 10.33
10-Day Moving Average 9.78
Average True Range 0.78
RSI (14) 36.31
ADX 25.77
+DI 17.47
-DI 28.86
Chandelier Exit (Long, 3 ATRs) 10.19
Chandelier Exit (Short, 3 ATRs) 11.17
Upper Bollinger Bands 11.91
Lower Bollinger Band 8.75
Percent B (%b) 0.21
BandWidth 30.58
MACD Line -0.94
MACD Signal Line -0.95
MACD Histogram 0.0133
Fundamentals Value
Market Cap 480.24 Million
Num Shares 50.9 Million
EPS -2.23
Price-to-Earnings (P/E) Ratio -4.23
Price-to-Sales 40.06
Price-to-Book 8.11
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.86
Resistance 3 (R3) 10.86 10.39 10.62
Resistance 2 (R2) 10.39 10.02 10.39 10.54
Resistance 1 (R1) 9.91 9.80 10.15 9.91 10.46
Pivot Point 9.43 9.43 9.55 9.43 9.43
Support 1 (S1) 8.95 9.07 9.19 8.95 8.40
Support 2 (S2) 8.48 8.84 8.48 8.32
Support 3 (S3) 8.00 8.48 8.24
Support 4 (S4) 8.00