Rivian's Bearish Breakdown: Death Cross Confirms Downtrend

Rivian Automotive Inc‘s RIVN stock officially entered a Death Cross, a bearish technical signal that occurs when the 50-day simple moving average (SMA) drops below the 200-day SMA. Chart created using Benzinga ProThis pattern often indicates sustained downside momentum, and with Rivian stock already down nearly 18% year to date and over 24% in the past month, the technical outlook isn't encouraging.Read Also: Rivian’s Georgia Facility To Be Ready In 2028, EV Exports To Foreign Markets After R2 Production Ra ...