Taking everything into account, RIDE scores 0 out of 10 in our technical rating. RIDE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
RIDE has a poor technical rating and the quality of the setup is also only medium 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
2.18
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 RIDE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RIDE is down. |
| ChartMill Relative Strength | 0.51 | NEGATIVE | RIDE has a low relative strength, it was outperformed by 99.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RIDE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RIDE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RIDE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.47 | NEUTRAL | The RSI value for RIDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RIDE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.41 | OVERSOLD | The low Stochastics value suggests RIDE may be oversold. |
| Average True Range in percent/ATR (20) | 26.39 | HIGH VOLATILITY | The high ATR as a percentage value for RIDE suggests high volalility. |
| Average Directional Index/ADX (14) | 27.34 | POSITIVE | The high ADX value value for RIDE suggests a strong trend. |
2.2
+0.05 (+2.33%)
LORDSTOWN MOTORS CORP-CL A / RIDE FAQ
What is the technical rating for RIDE stock?
ChartMill assigns a technical rating of 0 / 10 to RIDE.
What is the current trend direction of LORDSTOWN MOTORS CORP-CL A (RIDE) stock?
The current trend direction for LORDSTOWN MOTORS CORP-CL A (RIDE) is Bearish.
Can you provide the RSI signal for LORDSTOWN MOTORS CORP-CL A?
LORDSTOWN MOTORS CORP-CL A (RIDE) has an RSI value of 33.4666. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for LORDSTOWN MOTORS CORP-CL A?
The buy/sell signal for LORDSTOWN MOTORS CORP-CL A (RIDE) is sell as both the short term and long term trends are negative.