Lucid Group Stock Technical Analysis
| LCID Stock | USD 2.10 0.04 1.94% |
As of the 25th of November, Lucid secures the Risk Adjusted Performance of (0.14), standard deviation of 4.23, and Mean Deviation of 3.01. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lucid Group, as well as the relationship between them. Please verify Lucid Group variance, as well as the relationship between the maximum drawdown and skewness to decide if Lucid Group is priced some-what accurately, providing market reflects its recent price of 2.1 per share. Please also check out Lucid jensen alpha, which is currently at (0.96) to check the company can sustain itself at a future point.
Lucid Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lucid, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LucidLucid |
Lucid Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.2 | Hold | 12 | Odds |
Most Lucid analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Lucid stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Lucid Group, talking to its executives and customers, or listening to Lucid conference calls.
Lucid technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Lucid Group Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Lucid Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lucid Group Trend Analysis
Use this graph to draw trend lines for Lucid Group. You can use it to identify possible trend reversals for Lucid as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Lucid price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lucid Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lucid Group applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Lucid Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 48.97, which is the sum of squared deviations for the predicted Lucid price change compared to its average price change.About Lucid Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Lucid Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Lucid Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lucid Group price pattern first instead of the macroeconomic environment surrounding Lucid Group. By analyzing Lucid's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Lucid's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Lucid specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 42.38 | 11.73 | 31.78 | 31.28 | PTB Ratio | 7.21 | 2.64 | 1.81 | 1.98 |
Lucid November 25, 2024 Technical Indicators
Most technical analysis of Lucid help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Lucid from various momentum indicators to cycle indicators. When you analyze Lucid charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (0.77) | |||
| Mean Deviation | 3.01 | |||
| Coefficient Of Variation | (513.33) | |||
| Standard Deviation | 4.23 | |||
| Variance | 17.89 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | (0.96) | |||
| Total Risk Alpha | (1.50) | |||
| Treynor Ratio | (0.78) | |||
| Maximum Drawdown | 30.74 | |||
| Value At Risk | (5.96) | |||
| Potential Upside | 5.88 | |||
| Skewness | (0.39) | |||
| Kurtosis | 4.55 |
Complementary Tools for Lucid Stock analysis
When running Lucid's price analysis, check to measure Lucid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lucid is operating at the current time. Most of Lucid's value examination focuses on studying past and present price action to predict the probability of Lucid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucid's price. Additionally, you may evaluate how the addition of Lucid to your portfolios can decrease your overall portfolio volatility.
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