Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Lordstown Motors Corp. - Class A (NASDAQ:RIDE)
Bear Market Rally (-75) - RIDE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RIDE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RIDE?
MarketClub looks at technical strength and momentum to determine if the timing is right for RIDE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RIDE
The long-term trend has been DOWN since Mar 4th, 2021 at 18.0500
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 5.9600
The short-term trend has been UP since Oct 26th, 2021 at 5.2889
Smart Scan Analysis for RIDE
Based on our trend formula, RIDE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||31.5678||52wk High Date||2021-02-11|
|52wk Low||4.64||52wk Low Date||2021-10-22|
|Average Volume||10,953,673||Shares Outstanding||176,978|