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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
The Lion Electric Company Common Shares (NYSE:LEV)
Long-Term Downtrend (-90) - LEV is in a strong downtrend that is likely to continue. While LEV is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LEV?
MarketClub looks at technical strength and momentum to determine if the timing is right for LEV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LEV
The long-term trend has been DOWN since Oct 2nd, 2023 at 1.86
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1.18
The short-term trend has been DOWN since May 8th, 2024 at 0.95
Smart Scan Analysis for LEV
Based on our trend formula, LEV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0400 | 1.0400 | 0.9310 | 0.9678 | -0.0722 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9680 | 1018776 | 2024-05-08 15:59:41 |
| 52wk High | 2.68 | 52wk High Date | 2023-07-31 |
| 52wk Low | 0.88 | 52wk Low Date | 2024-04-25 |
| Average Volume | 631,275 | Shares Outstanding | 190,003 |
| Assets | 857,531,368M | Liabilities | 448,269,403M |
| P/E Ratio | 6.9355 |