LUCID GROUP INC. - 1H - Technical analysis published on 06/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
56%
11%
My opinion
Bearish under 17.07 USD
My targets
16.16 USD (-3.35%)
15.35 USD (-8.19%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on LUCID GROUP INC. as long as the price remains well below 17.07 USD. The sellers' bearish objective is set at 16.16 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15.35 USD. In case of crossing, the next objective would be the support located at 13.86 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LUCID GROUP INC. price is 16.72 USD. The price has increased by +2.51% since the last closing and was traded between 15.80 USD and 16.88 USD over the period. The price is currently at +5.82% from its lowest and -0.95% from its highest.15.80
16.88
16.72
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of LUCID GROUP INC. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 6 are bullish, 2 are neutral and 10 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.86 | 15.35 | 16.16 | 16.72 | 17.07 | 17.69 | 18.34 |
| Change (%) | -17.11% | -8.19% | -3.35% | - | +2.09% | +5.80% | +9.69% |
| Change | -2.86 | -1.37 | -0.56 | - | +0.35 | +0.97 | +1.62 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.89 | 15.52 | 15.92 | 16.55 | 16.95 | 17.58 | 17.98 |
| Camarilla | 16.03 | 16.12 | 16.22 | 16.31 | 16.40 | 16.50 | 16.59 |
| Woodie | 14.77 | 15.46 | 15.80 | 16.49 | 16.83 | 17.52 | 17.86 |
| Fibonacci | 15.52 | 15.92 | 16.16 | 16.55 | 16.95 | 17.19 | 17.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.20 | 16.60 | 17.31 | 18.71 | 19.42 | 20.82 | 21.53 |
| Camarilla | 17.44 | 17.63 | 17.83 | 18.02 | 18.21 | 18.41 | 18.60 |
| Woodie | 14.86 | 16.43 | 16.97 | 18.54 | 19.08 | 20.65 | 21.19 |
| Fibonacci | 16.60 | 17.41 | 17.90 | 18.71 | 19.52 | 20.01 | 20.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.90 | 10.57 | 15.38 | 18.05 | 22.86 | 25.53 | 30.34 |
| Camarilla | 18.12 | 18.81 | 19.49 | 20.18 | 20.87 | 21.55 | 22.24 |
| Woodie | 8.96 | 11.11 | 16.44 | 18.59 | 23.92 | 26.07 | 31.40 |
| Fibonacci | 10.57 | 13.43 | 15.20 | 18.05 | 20.91 | 22.68 | 25.53 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 33.66 | |
| MACD (12,26,9): | -0.6800 | |
| Directional Movement: | -27.46 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 16.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.80 | |
| Elder Ray (13): | -0.28 | |
| Super Trend (3,10): | 17.52 | |
| Zig ZAG (10): | 16.84 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 31.51 | |
| TEMA (21): | 16.16 | |
| Williams %R (14): | -58.63 | |
| Chande Momentum Oscillator (20): | -1.34 | |
| Repulse (5,40,3): | 3.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5000 | |
| Courbe Coppock: | 21.36 |
| MA7: | 18.24 | |
| MA20: | 18.53 | |
| MA50: | 19.18 | |
| MA100: | 22.98 | |
| MAexp7: | 16.67 | |
| MAexp20: | 17.35 | |
| MAexp50: | 18.17 | |
| MAexp100: | 18.46 | |
| Price / MA7: | -8.33% | |
| Price / MA20: | -9.77% | |
| Price / MA50: | -12.83% | |
| Price / MA100: | -27.24% | |
| Price / MAexp7: | +0.30% | |
| Price / MAexp20: | -3.63% | |
| Price / MAexp50: | -7.98% | |
| Price / MAexp100: | -9.43% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on LUCID GROUP INC. at the time of the analysis were as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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