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.
MarketClub’s Trade Triangles for RIDE
The long-term trend has been DOWN since Oct 10th, 2022 at 1.5101
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 1.2200
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).
|52wk High||55.95||52wk High Date||2022-08-04|
|52wk Low||2.9||52wk Low Date||2023-06-06|
|Average Volume||458,846||Shares Outstanding||15,935|