The stock is sitting just above an uptrend line that started at the Oct. 18, 2023 closing low of $346.19 and connected the April 30, 2024 closing low of $550.64. The trendline extends to roughly ...

You can see on the chart that the shares have found support around $15.40. This level first became support in February 2024. It was also support in March and April 2024.

The stock is down 39.78% over the past year, up 25.12% over the past six months. Let’s look at what the charts indicate for Riot stock and how the stock currently maps against Wall Street estimates.