We assign a technical rating of 0 out of 10 to LCID. LCID scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of LCID is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.89
4 important resistance areas can be observed.
- A resistance zone ranging from 11.69 to 11.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @16.61 from a trend line in the daily time frame.
- Resistance @17.60 from a trend line in the weekly time frame.
- Resistance @25.30 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LCID is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LCID is down. |
| ChartMill Relative Strength | 4.23 | NEGATIVE | LCID has a low relative strength, it was outperformed by 95.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LCID is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LCID is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LCID is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.03 | NEUTRAL | The RSI value for LCID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests LCID has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.88 | NEUTRAL | The Stochastics value for LCID is a neutral value. |
| Average True Range in percent/ATR (20) | 5.85 | HIGH VOLATILITY | The high ATR as a percentage value for LCID suggests high volalility. |
| Average Directional Index/ADX (14) | 26.5 | POSITIVE | The high ADX value value for LCID suggests a strong trend. |
11
-0.6 (-5.17%)
LUCID GROUP INC / LCID FAQ
What is the ChartMill technical rating of LUCID GROUP INC (LCID) stock?
ChartMill assigns a technical rating of 0 / 10 to LCID.
What is the trend direction for LCID stock?
The current trend direction for LUCID GROUP INC (LCID) is Bearish.
Can you provide the RSI signal for LUCID GROUP INC?
LUCID GROUP INC (LCID) has an RSI value of 39.0271. This indicates that the stock is currently neutral.
What is the short term momentum for LUCID GROUP INC (LCID) stock?
The short term momentum for LUCID GROUP INC (LCID) is negative.
What is the support and resistance level for LCID stock?
LUCID GROUP INC (LCID) has a resistance level at 11.69. Check the full technical report for our detailed analysis of LCID support and resistance levels.