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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

The Lion Electric Company (TSE:LEV)

Countertrend Down (-85) - LEV 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 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
1.21 1.22 1.20 1.22 -0.01
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 Jun 24th, 2024 at 1.37

short term up The short-term trend has been UP since Jul 24th, 2024 at 1.25

Smart Scan Analysis for LEV

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

-85
Smart Scan Analysis for LEV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.21 1.22 1.20 1.22 -0.01
Prev. Close Volume Bid Ask Time
1.23 38380 2024-07-26 15:59:48
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