League Friends app status change?

Not as of this moment, but I'm pretty sure Riot will change, update, and add more features to the app, including status changing.

In one of the comments, a Rioter, ChocChipCookie, informed us on the website: http://na.leagueoflegends.com/en/news/game-updates/features/download-free-league-friends-mobile-app

"But what if someone attaches their phone to a dog? So many extra steps! We will be adding and iterating on features that help you better connect with friends." -ChocChipCookie