LORDSTOWN MOTORS CORP-CL A (RIDE) Technical Analysis
NASDAQ:RIDE • US54405Q2093
Current stock price
RIDE Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to RIDE. RIDE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than RIDE.
- RIDE is part of the Automobiles industry. There are 35 other stocks in this industry, of which 88% are performing better than RIDE.
- RIDE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RIDE is lagging the market.
- In the last month RIDE has a been trading in the 1.13 - 6.76 range, which is quite wide. It is currently trading near the lows of this range.
- RIDE has an average volume of 5073450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
RIDE Weekly and Daily overview Charts
RIDE Setup Rating and Analysis
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
RIDE Support and Resistance Analysis
RIDE Technical Indicator Signal Analysis
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. |
RIDE Chart- and CandleStick Pattern Analysis
RIDE Technicals: Chart, Performance Metrics, Trend & Indicators
2.2
+0.05 (+2.33%)
LORDSTOWN MOTORS CORP-CL A / RIDE TA FAQ
What is the technical rating for RIDE stock?
ChartMill assigns a technical rating of 0 / 10 to RIDE.
Can you provide the trend direction for LORDSTOWN MOTORS CORP-CL A?
The current trend direction for LORDSTOWN MOTORS CORP-CL A (RIDE) is Bearish.
What is the RSI signal for RIDE stock?
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 MACD signal for LORDSTOWN MOTORS CORP-CL A?
The MACD indicator for LORDSTOWN MOTORS CORP-CL A (RIDE) has a value of -0.00695321, indicating a bearish trend.
What is the buy/sell signal for RIDE stock?
The buy/sell signal for LORDSTOWN MOTORS CORP-CL A (RIDE) is sell as both the short term and long term trends are negative.