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Stock Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

Lordstown Motors Corp. - Class A (NASDAQ:RIDE)

Countertrend Down (-85) - RIDE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

NASDAQ_RIDE
Open High Low RIDE Price Change
3.2500 3.4700 3.0600 3.0785 -0.1215
Entry Signal

MarketClub’s Trade Triangles for RIDE

long term down The long-term trend has been DOWN since Oct 10th, 2022 at 1.5101

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2023 at 1.2200

short term up The short-term trend has been UP since Jun 7th, 2023 at 3.3800

Smart Scan Analysis for RIDE

Based on our trend formula, RIDE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for RIDE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2500 3.4700 3.0600 3.0785 -0.1215
Prev. Close Volume Bid Ask Time
3.2000 397300 2023-06-09 14:50:49
52wk High55.9552wk High Date2022-08-04
52wk Low2.952wk Low Date2023-06-06
Average Volume458,846Shares Outstanding15,935
Assets272,410,000MLiabilities59,729,000M
P/E Ratio-0.15740000
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