Orenth
Checked through the day · updated 5h ago

Rivian (RIVN): buy, wait or avoid?

How sure is it?

Found this setup 125 times before. It worked 28 of them.

When it worked it made about 1.5 times what you put at risk. When it did not, it usually lost about 51% of what you put at risk, not all of it, because the trade is closed rather than left to run. To come out even it needed to work 32 of those 125 times, so this has not been shown to make money.

Price $12.16 · daily bars · checked 5h ago

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Which strategies worked on RIVN

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Each one back-tested on RIVN's own daily prices, after trading costs.

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Analysing
Fetching data, running 34 strategies, and back-testing each one against this instrument's own history.