Stock Details

Ticker	Company	Last	Change	Stock(8)	RSI(14)
RIOT	Riot Platforms Inc	16.04	-2.49 %	73.95	61.7
Technical Analysis Report: RIOT

This technical analysis report covers the stock market asset identified as "RIOT". 

General Overview

The analysis is based on the latest indicators with a daily period. At the close of the recent market session, our indicators reflect the following numbers:

- Stochastic (8): 73.95
- RSI (Relative Strength Index) (14): 61.7
- ADX (Average Directional Index): 28.61

In addition, we also observed that the closed price went above both EMA (Exponential Moving Average) 21 and EMA80.

Moving Average Trends

The EMA21 is trending upwards indicating a bullish trend. Similarly, the EMA80 is also showing a bullish trend. This indicates a robust upward momentum in the price of the Riot Blockchain Inc. (RIOT) stock. It is also crucial to mention that not only is the closing price above EMA 21 but EMA21 is also positioned above EMA80 - suggesting a stronger bullish trend. 

Price Change

However, it's worth noting that in the previous session, the price decreased by -2.49 percent. This minor fall might just be a small correction in an otherwise upward trend.

Analysis Conclusion and Sentiment for the Next Period

Based on the given technical indicators, the overall sentiment for the next period or day for the RIOT stock seems more tilted towards the positive side. The increased stochastic value and RSI along with the bullish trends of both EMA21 and EMA80 suggest that there is overall strength in the upward trend. 

However, the stock market is volatile, and while the indicators point toward a bullish trend, it is always essential to pay attention to any new market events or changes that could alter this course.

Please remember this is not an investment recommendation. All investment decisions should be based on thorough research and consideration, as well as sound risk management strategies. Be aware of your risk tolerance and investment objectives when making investment decisions.