Stock Trend Analysis Report
Prepared for you on Friday, September 29, 2023.
The Lion Electric Company Common Shares (NYSE:LEV)
Sidelines Mode (+55) - LEV is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for LEV
The long-term trend has been UP since Jul 31st, 2023 at 2.58
The intermediate-term trend has been DOWN since Sep 20th, 2023 at 2.01
The short-term trend has been UP since Sep 29th, 2023 at 1.97
Smart Scan Analysis for LEV
Based on our trend formula, LEV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.73||52wk High Date||2022-11-14|
|52wk Low||1.68||52wk Low Date||2023-04-13|
|Average Volume||580,633||Shares Outstanding||190,003|