LUCID GROUP INC. - Weekly - Technical analysis published on 02/18/2025 (GMT)
- 61
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
83%
0%
17%
My opinion
Neutral between 3.00 USD and 4.03 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 4.03 USD. The first support is located at 3.00 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by LUCID GROUP INC..
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Hamed Ratham. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LUCID GROUP INC. rating is 3.51 USD. Over 5 days, this instrument gained +30.48% and has been traded over the last 5 days between 3.24 USD and 3.52 USD. This implies that the 5 day price is +8.33% from its lowest point and -0.28% from its highest point.3.24
3.52
3.51
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LUCID GROUP INC.:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on LUCID GROUP INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Weekly chart of LUCID GROUP INC. indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Weekly
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 2.33 | 3.51 | 8.13 | 28.82 | 45.47 |
| Change (%) | -33.62% | - | +131.62% | +721.08% | +1,195.44% |
| Change | -1.18 | - | +4.62 | +25.31 | +41.96 |
| Level | Intermediate | - | Minor | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.10 | 3.18 | 3.25 | 3.33 | 3.40 | 3.48 | 3.55 |
| Camarilla | 3.27 | 3.28 | 3.30 | 3.31 | 3.32 | 3.34 | 3.35 |
| Woodie | 3.09 | 3.18 | 3.24 | 3.33 | 3.39 | 3.48 | 3.54 |
| Fibonacci | 3.18 | 3.24 | 3.28 | 3.33 | 3.39 | 3.43 | 3.48 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.10 | 2.38 | 2.85 | 3.13 | 3.60 | 3.88 | 4.35 |
| Camarilla | 3.10 | 3.17 | 3.24 | 3.31 | 3.38 | 3.45 | 3.52 |
| Woodie | 2.19 | 2.43 | 2.94 | 3.18 | 3.69 | 3.93 | 4.44 |
| Fibonacci | 2.38 | 2.67 | 2.85 | 3.13 | 3.42 | 3.60 | 3.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.34 | 1.97 | 2.37 | 3.00 | 3.40 | 4.03 | 4.43 |
| Camarilla | 2.48 | 2.57 | 2.67 | 2.76 | 2.85 | 2.95 | 3.04 |
| Woodie | 1.22 | 1.91 | 2.25 | 2.94 | 3.28 | 3.97 | 4.31 |
| Fibonacci | 1.97 | 2.37 | 2.61 | 3.00 | 3.40 | 3.64 | 4.03 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.92 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 10.16 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 2.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.64 | |
| Elder Ray (13): | 0.35 | |
| Super Trend (3,10): | 3.46 | |
| Zig ZAG (10): | 3.38 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 72.60 | |
| TEMA (21): | 3.09 | |
| Williams %R (14): | -15.54 | |
| Chande Momentum Oscillator (20): | 1.21 | |
| Repulse (5,40,3): | 14.6600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3400 | |
| Courbe Coppock: | 59.87 |
| MA7: | 3.03 | |
| MA20: | 2.87 | |
| MA50: | 2.86 | |
| MA100: | 2.76 | |
| MAexp7: | 3.08 | |
| MAexp20: | 2.95 | |
| MAexp50: | 3.34 | |
| MAexp100: | 5.38 | |
| Price / MA7: | +15.84% | |
| Price / MA20: | +22.30% | |
| Price / MA50: | +22.73% | |
| Price / MA100: | +27.17% | |
| Price / MAexp7: | +13.96% | |
| Price / MAexp20: | +18.98% | |
| Price / MAexp50: | +5.09% | |
| Price / MAexp100: | -34.76% |
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.
About author
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