RIOT stock analysis: Volatility expected in upcoming week, Hold recommended.

Introduction
Riot Blockchain, Inc. (Ticker: RIOT) is a company listed on the NASDAQ stock exchange. This stock analysis is based on provided data to generate informed observations and predictions about the stock's performance for the next trading day and the upcoming week.

Technical Analysis
On June 20, 2023, RIOT's last close price was $11.25, with an 8.17% change. The stock reached a low price of $10.12 and a high price of $11.29 during the trading session. Riot Blockchain has witnessed a year high of $14.43 and a year low of $3.25.

The stock's 50-day moving average is $11.29, while the 200-day moving average is $7.39. The RSI14 stands at 42, indicating a neutral trend. The MACD (3-month) is at -0.13, suggesting some bearish momentum.

Fundamental Analysis
As of June 20, 2023, Riot Blockchain has a market cap of $2.07 billion and has 178.16 million shares outstanding. The stock's average trading volume is 22.76 million shares, with a recent volume of 20.78 million shares.

The company reported an EPS of -$4.48 and a negative price-to-earnings ratio of 2.6. Its discounted cash flow (DCF) stands at $13.28. Analysts' target consensus for the stock is $10.50, with a target low of $9 and a target high of $12.

The upcoming earnings announcement for Riot Blockchain is scheduled for August 7, 2023.

Recent News
Several recent news articles provide insight into Riot Blockchain's performance and potential future movements. These articles highlight the company's potential for growth in a difficult market, its valuation and revenue outlook, and its aggressive ramping up of Bitcoin mining activity.

Based on these articles, the stock could be considered a good long or short option depending on investor sentiment and future events.

Outlook and Recommendation
Considering the technical analysis, fundamental analysis, and recent news developments, RIOT's stock price for the next trading day, June 21, 2023, could fluctuate between gains and losses. The stock is expected to experience some volatility throughout the upcoming week due to mixed signals given by the technical indicators and uncertainty regarding the overall market direction.

Given this analysis, Riot Blockchain's stock is recommended as a Hold. The stock's neutral RSI and unpredictable future developments make it difficult to confidently determine its short-term trajectory. Investors should monitor news and market trends closely before making any decisions regarding the stock.