Stock Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
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.
MarketClub’s Trade Triangles for LEV
The long-term trend has been DOWN since Aug 16th, 2021 at 16.92
The intermediate-term trend has been DOWN since May 15th, 2023 at 2.77
The short-term trend has been DOWN since May 23rd, 2023 at 2.75
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).