Stock Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
Lordstown Motors Corp. - Class A (NASDAQ:RIDE)
Long-Term Downtrend (-90) - RIDE is in a strong downtrend that is likely to continue. While RIDE 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 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 DOWN since Mar 8th, 2023 at 0.9651
Smart Scan Analysis for RIDE
Based on our trend formula, RIDE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.79||52wk High Date||2022-04-04|
|52wk Low||0.705||52wk Low Date||2023-03-16|
|Average Volume||4,644,167||Shares Outstanding||216,976|