LORDSTOWN MOTORS CORP-CL A (RIDE) Technical Analysis
NASDAQ:RIDE • US54405Q2093
Current stock price
2.2 USD
+0.05 (+2.33%)
At close:
2.1 USD
-0.1 (-4.55%)
After Hours:
RIDE Technical Rating and Analysis
Taking everything into account, RIDE scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, RIDE is a bad performer in the overall market: 100% of all stocks are doing better.
- RIDE is one of the lesser performing stocks in the Automobiles industry. 88% of 35 stocks in the same industry do better.
- 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 not perfect 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
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
RIDE Technicals: Chart, Performance Metrics, Trend & Indicators
2.2
+0.05 (+2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg2.33%
1 Week4.27%
2 Weeks-38.2%
1 Month-29.03%
3 Month-75.23%
6 Month-83.52%
12 Month-92.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%26.39%
ATR Inc-52.42%
Range Today0.29
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.51
3 months CRSN/A
6 months CRSN/A
Mansfield-8.93
10 Day High3.51
10 Day Low1.13
20 Day High6.76
20 Day Low1.13
52 Week High55.95
52 Week Low1.13
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0.52%
DER(5)0.22%
Volume1.38M
Volume Incr-56.89%
Vol(5)2.05M
Vol(50)5.07M
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.
What is the trend direction for RIDE stock?
The current trend direction for LORDSTOWN MOTORS CORP-CL A (RIDE) is Bearish.
What is the RSI signal for LORDSTOWN MOTORS CORP-CL A (RIDE) stock?
LORDSTOWN MOTORS CORP-CL A (RIDE) has an RSI value of 33.4666. This indicates that the stock is currently neutral.
What is the short term momentum for RIDE stock?
The short term momentum for LORDSTOWN MOTORS CORP-CL A (RIDE) is negative.