Should I be buying selling or holding riot stocks
7/24/2025 09:45am
The conclusion is RIOT stock is currently in a **bullish trend**, and the price is hovering around the **resistance level**. The technical indicators suggest a **strong buy signal**, and the stock is performing well in the **short-term** and **medium-term** trends. However, the **long-term trend** shows a **neutral** signal. Therefore, the recommendation is to hold the RIOT stock.
1. **Current Trend**: The stock is in a **bullish trend**, as indicated by the closing price above the **moving averages** and the **RSI** above the **neutral level**.
2. **Resistance and Support Levels**: The current price is near the **resistance level**, which is $12.27. If the price breaks through this level, it could signal a continuation of the bullish trend. The **support level** is at $10.93, which could act as a floor if the price were to drop.
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|RIOT|RIOT.O|Riot Platforms|20250723|10.9300|12.2700|186|
|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|RIOT|RIOT.O|Riot Platforms|20240723|11.59|186|
|RIOT|RIOT.O|Riot Platforms|20240724|11.32|186|
|RIOT|RIOT.O|Riot Platforms|20240725|10.73|186|
|RIOT|RIOT.O|Riot Platforms|20240726|11.2|186|
|RIOT|RIOT.O|Riot Platforms|20240729|10.63|186|
|RIOT|RIOT.O|Riot Platforms|20240730|10.37|186|
|RIOT|RIOT.O|Riot Platforms|20240731|10.19|186|
|RIOT|RIOT.O|Riot Platforms|20240801|9.32|186|
|RIOT|RIOT.O|Riot Platforms|20240802|8.57|186|
|RIOT|RIOT.O|Riot Platforms|20240805|8.31|186|
3. **Moving Averages**: The stock is trading above the **5-day**, **10-day**, and **20-day moving averages**, which is a bullish signal. However, the **100-day moving average** is below the price, which could indicate a potential pullback.
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|RIOT|RIOT.O|Riot Platforms|20250723|13.9640|186|
4. **Technical Indicators**: The **MACD** is positive, the **RSI** is above the **neutral level**, and the **KDJ** is in the **overbought territory**, suggesting that the stock has momentum behind it.
|code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|RIOT|RIOT.O|Riot Platforms|20250723|12.2685|85.2698|70.7575|0.3242|186|
5. **Market Sentiment**: The overall market sentiment is positive, with analysts rating RIOT as a **Strong Buy**, and the stock has seen a significant price increase over the past month.
6. **Fundamental Analysis**: Riot Platforms Inc is actively engaging with investors and stakeholders, and the company is focused on a vertically integrated strategy, enhancing its operational efficiency in Bitcoin mining and digital infrastructure. However, there are risks related to the integration of acquired businesses and the feasibility of developing power capacity for AI/HPC uses, which could impact the long-term trajectory of the company.
In conclusion, the current technical indicators and market sentiment suggest that RIOT is a **Strong Buy** in the short term, but the long-term trend shows a **neutral** signal. Therefore, the recommendation is to hold the RIOT stock, with the caveat that if the price breaks through the resistance level, it could be a good time to consider increasing your position.