Londinia Opportunities Analyses - 12/31/2024 (GMT) LUCID GROUP INC. - 1H
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 3.12 USD
My targets
3.43 USD (+5.86%)
3.46 USD (+6.79%)
My analysis
The basic bullish trend is very strong on LUCID GROUP INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 3.12 USD. Crossing the first resistance at 3.43 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 3.46 USD as an objective. Crossing it would then enable buyers to target 3.98 USD. Caution, a return to below 3.12 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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Additional analysis
Quotes
LUCID GROUP INC. rating 3.24 USD. The price has increased by +2.86% since the last closing and was between 3.15 USD and 3.29 USD. This implies that the price is at +2.86% from its lowest and at -1.52% from its highest.3.15
3.29
3.24
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this LUCID GROUP INC. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.73 | 2.90 | 3.12 | 3.24 | 3.46 | 3.98 | 4.25 |
| Change (%) | -15.74% | -10.49% | -3.70% | - | +6.79% | +22.84% | +31.17% |
| Change | -0.51 | -0.34 | -0.12 | - | +0.22 | +0.74 | +1.01 |
| Level | Minor | Intermediate | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.83 | 2.92 | 3.04 | 3.13 | 3.25 | 3.34 | 3.46 |
| Camarilla | 3.09 | 3.11 | 3.13 | 3.15 | 3.17 | 3.19 | 3.21 |
| Woodie | 2.84 | 2.93 | 3.05 | 3.14 | 3.26 | 3.35 | 3.47 |
| Fibonacci | 2.92 | 3.00 | 3.05 | 3.13 | 3.21 | 3.26 | 3.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.49 | 2.72 | 2.96 | 3.19 | 3.43 | 3.66 | 3.90 |
| Camarilla | 3.07 | 3.11 | 3.16 | 3.20 | 3.24 | 3.29 | 3.33 |
| Woodie | 2.50 | 2.72 | 2.97 | 3.19 | 3.44 | 3.66 | 3.91 |
| Fibonacci | 2.72 | 2.90 | 3.01 | 3.19 | 3.37 | 3.48 | 3.66 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.46 | 1.69 | 1.94 | 2.17 | 2.42 | 2.65 | 2.90 |
| Camarilla | 2.05 | 2.09 | 2.14 | 2.18 | 2.22 | 2.27 | 2.31 |
| Woodie | 1.46 | 1.70 | 1.94 | 2.18 | 2.42 | 2.66 | 2.90 |
| Fibonacci | 1.69 | 1.88 | 1.99 | 2.17 | 2.36 | 2.47 | 2.65 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.83 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 13.04 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 3.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.04 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 2.99 | |
| Zig ZAG (10): | 3.24 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 67.21 | |
| TEMA (21): | 3.17 | |
| Williams %R (14): | -18.52 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | 0.8400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 2.42 |
| MA7: | 3.17 | |
| MA20: | 2.70 | |
| MA50: | 2.43 | |
| MA100: | 2.97 | |
| MAexp7: | 3.19 | |
| MAexp20: | 3.16 | |
| MAexp50: | 3.05 | |
| MAexp100: | 2.86 | |
| Price / MA7: | +2.21% | |
| Price / MA20: | +20.00% | |
| Price / MA50: | +33.33% | |
| Price / MA100: | +9.09% | |
| Price / MAexp7: | +1.57% | |
| Price / MAexp20: | +2.53% | |
| Price / MAexp50: | +6.23% | |
| Price / MAexp100: | +13.29% |
Quotes :
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15 min delayed data
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Actions NASDAQ
News
The latest news and videos published on LUCID GROUP INC. at the time of the analysis were as follows: