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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

The Lion Electric Company (TSE: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.

TSE_LEV
Open High Low LEV Price Change
1.300 1.300 1.270 1.295 -0.005
Entry Signal

MarketClub’s Trade Triangles for LEV

long term down The long-term trend has been DOWN since Oct 2nd, 2023 at 2.52

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1.61

short term down The short-term trend has been DOWN since Apr 3rd, 2024 at 1.89

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).

-90
Smart Scan Analysis for LEV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.300 1.300 1.270 1.295 -0.005
Prev. Close Volume Bid Ask Time
1.300 213910 2024-04-24 15:59:58
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