LUCID GROUP INC. - Weekly - Technical analysis published on 01/14/2025 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 3.67 USD
My targets
2.87 USD (-4.75%)
2.37 USD (-21.26%)
My analysis
The basic trend is bearish on LUCID GROUP INC. and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 3.67 USD. Buyers would then use the next resistance located at 4.33 USD as an objective. Crossing it would then enable buyers to target 17.52 USD. If there is a return to below the support located at 2.87 USD, this would be a sign of a reversal in the basic bearish trend.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.2
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This analysis was given by Mark Thomer. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LUCID GROUP INC. rating 3.01 USD. The price registered a decrease of -5.35% over 5 days and was traded between 2.85 USD and 3.10 USD over the period. The price is currently at +5.61% from its lowest point and -2.90% from its highest point.2.85
3.10
3.01
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on LUCID GROUP INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of LUCID GROUP INC. in Weekly shows an overall bearish trend. The signals given by moving averages are at 71.43% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Weekly
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : Weekly
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Aroon indicator bullish trend
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish doji star
Type : Bullish
Timeframe : Weekly
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 2.37 | 3.01 | 17.52 | 28.82 | 45.47 |
| Change (%) | -21.26% | - | +482.06% | +857.48% | +1,410.63% |
| Change | -0.64 | - | +14.51 | +25.81 | +42.46 |
| Level | Major | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.72 | 2.78 | 2.90 | 2.96 | 3.08 | 3.14 | 3.26 |
| Camarilla | 2.96 | 2.98 | 2.99 | 3.01 | 3.03 | 3.04 | 3.06 |
| Woodie | 2.74 | 2.80 | 2.92 | 2.98 | 3.10 | 3.16 | 3.28 |
| Fibonacci | 2.78 | 2.85 | 2.90 | 2.96 | 3.03 | 3.08 | 3.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.99 | 2.45 | 2.73 | 3.19 | 3.47 | 3.93 | 4.21 |
| Camarilla | 2.82 | 2.88 | 2.95 | 3.02 | 3.09 | 3.16 | 3.22 |
| Woodie | 1.91 | 2.41 | 2.65 | 3.15 | 3.39 | 3.89 | 4.13 |
| Fibonacci | 2.45 | 2.73 | 2.90 | 3.19 | 3.47 | 3.64 | 3.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.75 | 1.41 | 2.21 | 2.87 | 3.67 | 4.33 | 5.13 |
| Camarilla | 2.62 | 2.75 | 2.89 | 3.02 | 3.15 | 3.29 | 3.42 |
| Woodie | 0.83 | 1.45 | 2.29 | 2.91 | 3.75 | 4.37 | 5.21 |
| Fibonacci | 1.41 | 1.96 | 2.31 | 2.87 | 3.42 | 3.77 | 4.33 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 51.11 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | 9.47 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 2.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.23 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 3.46 | |
| Zig ZAG (10): | 3.01 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 68.36 | |
| TEMA (21): | 2.88 | |
| Williams %R (14): | -36.84 | |
| Chande Momentum Oscillator (20): | 0.51 | |
| Repulse (5,40,3): | -4.0900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.6700 | |
| Courbe Coppock: | 16.54 |
| MA7: | 3.12 | |
| MA20: | 2.98 | |
| MA50: | 2.51 | |
| MA100: | 2.97 | |
| MAexp7: | 2.93 | |
| MAexp20: | 2.89 | |
| MAexp50: | 3.41 | |
| MAexp100: | 5.63 | |
| Price / MA7: | -3.53% | |
| Price / MA20: | +1.01% | |
| Price / MA50: | +19.92% | |
| Price / MA100: | +1.35% | |
| Price / MAexp7: | +2.73% | |
| Price / MAexp20: | +4.15% | |
| Price / MAexp50: | -11.73% | |
| Price / MAexp100: | -46.54% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on LUCID GROUP INC. at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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