Riot Platforms had a nice pop today and is currently up 8.93% -- which is pretty good. Investors have a more positive outlook for the company and future revenue.
Currently RIOT isn't at a clear support/resistance line that seems tradable. Riot Platforms hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. RIOT may hit some resistance around the 12.3 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.
Riot Platforms has an overall positive view by the analysts. The current Analysts Sentiment Score is 161.70. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Cantor Fitzgerald announced that they are reiterating a rating of Overweight on 2023-11-27 and they set their price target at $19.00. Sanford C. Bernstein initiated a rating of Outperform on 2023-10-30 and they set their price target at $15.60.JPMorgan Chase & Co. announced that they are initiating coverage with a rating of Underweight on 2023-10-11 and they set their price target at $6.50.Northland Securities announced a lowering of their price target to $15.00 from $16.00 on 2023-10-09. B. Riley gave a boost to their price target and moved to $18.00 from $14.00 on 2023-08-14. HC Wainwright gave a boost to their price target and moved to $18.00 from $13.50 on 2023-08-11. Needham & Company LLC boosted their price targ by 46.15% to $19.00 on 2023-08-10. Compass Point boosted their price targ by 50% to $24.00 on 2023-07-20. BTIG Research gave a boost to their price target and moved to $22.00 from $12.00 on 2023-07-18. Wells Fargo & Company boosted their price targ by 20% to $6.00 on 2023-04-12.
Company | Ratings Score
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Composite analyst sentiment score
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Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
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RIOT | 161.70 | 160.12 | -54.71 | 265.8 | -47.81 |
Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
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RIOT | 30.50 | -1.94 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
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Short Interest | Days to Cover | Rate of Change | Shares Short |
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RIOT | 11.97 | %18.029 | 1.9 | 21.12 | 35820000 |
Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Brokers & Exchanges | 36 | 0.62 | 2.00 | 10.37 | 0.41 | 11.30 | 5.87 | 69.83 | 12.87 | 12.58 | 4.43 | -5052.59 | -13938.21 | 38.19 | 0.00 | 3.50 | 24.29 |
Financial Services | 387 | 0.47 | 0.13 | 11.64 | 1.26 | 11.87 | -5.41 | 61.76 | -4.72 | -4.06 | -8.67 | -8002.95 | -9893.05 | 16.99 | 0.26 | 3.93 | 10.39 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
Ticker | Social Sentiment(1-10) |
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RIOT |
Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
MARA | Marathon Digital Holdings | 2.07 | 8.47 | 20.03 | 60.82 | 47.57 | 47.42 | 115.05 | 74 | -1.38 | -1.40 | -2.13 | -8897.55 | -9551.71 | 125 | 0 | 13.4978 |
MSTR | MicroStrategy Inc | 1.69 | 6.74 | 11.34 | 22.54 | 64.36 | 88.48 | 172.17 | 62 | 34.36 | 48.62 | 70.14 | 146.31 | -25978.34 | 0 | 0 | 15.2268 |
CLSK | CLEANSPARK INC | 1.49 | 16.10 | 39.03 | 105.80 | 111.69 | 116.34 | 289.04 | 84 | 3.29 | 7.23 | 10.69 | -3476.60 | -10312.45 | 0 | 0 | 4.5633 |
BTBT | Bit Digital, Inc. Ordinar | 1.07 | 11.23 | 23.83 | 41.52 | 52.40 | 6.38 | 238.28 | 63 | -17.13 | -6.43 | -6.87 | -4281.67 | -13570.85 | 0 | 0 | 14.0187 |
CAN | Canaan Inc. American Depo | 1.05 | 7.45 | 1.17 | -9.42 | -13.93 | -8.47 | 0.00 | 45 | -80.09 | -32.46 | -53.18 | -31347.30 | -1630.05 | 0 | 0 | 3.09051 |
SOS | SOS Limited American Depo | 1.05 | 4.99 | 4.71 | 20.48 | -14.35 | 0.25 | 0.00 | 53 | -36.40 | -34.32 | -30.67 | -47256.47 | -216.28 | 0 | 0 | 1.18764 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.