Is a good buy riot right now?

**Riot Platforms (RIOT) does not present a strong buy opportunity at the moment.** Here's the analysis to support this conclusion:

1. **Recent Performance and Analyst Sentiments**:
- Riot Platforms has experienced a significant decline, with a 3-month percentage change of -30.67% as of September 5, 2024.
- The stock's RSI was last reported at 22.77 on September 4, 2024, which is considered oversold. This could potentially indicate a rebound, but it doesn't guarantee an immediate rise.
- The consensus rating is a "Strong Buy" with an average price target of $18.5, but these are based on data from September 4, 2024, and do not reflect the current oversold condition.

2. **Market Sentiment and Technical Indicators**:
- The stock has a negative signal from both short-term and long-term Moving Averages, which is a bearish indicator.
- There is a general sell signal from the relation between the two Moving Averages, where the long-term average is above the short-term average.
- The stock is expected to fall by -22.42% during the next three months, suggesting a lack of positive momentum in the near term.
3. **Comparison with Analyst Price Targets**:
- The average price target from analysts is $16.95, with a high estimate of $23 and a low estimate of $9.5. However, these targets are based on data from the past three months and do not necessarily reflect current market conditions.
- The stock is currently trading at $6.69, which is significantly below the average price target.

4. **Market Conditions and Risks**:
- The stock is within a very wide and falling trend, which is considered weak.
- There is a risk of further fall indicated by the signals from the MACD and the buy signal from a pivot top point.
- The stock has a high volatility, which increases the risk for investors.

In conclusion, while there is potential for a rebound based on the oversold RSI, the overall sentiment and technical indicators suggest that Riot Platforms is not a strong buy at the moment. Investors should exercise caution and consider the risks before making a purchase.