LCID is still in a long-term bearish trend, but there are signs it could be nearing a shift. Here's the breakdown:
✅ Bearish trend since 2021: LCID’s price dropped from 64.86 to 1.93, a major decline over the past few years.
📉 Substantial declines: After a 280% gain in 2021, LCID has seen significant losses —
-82% in 2022
-38% in 2023
-28.3% in 2024
-21% so far in 2025.
🔄 Rebounds, but trend still down: Despite rebounds of over 180% in 2023 and 100% in 2024, the bearish trend remains intact.
⚠️ Diminishing volatility: Large price swings in 2024 slowed down, suggesting the stock might be nearing a bottom.
❌ Still below key MAs: LCID remains below its 200-day and 20-day moving averages, signaling that the overall trend is still bearish.
👀 Key level — 1.93: A strong hold above this low could signal a potential trend shift in the mid-term.
Bottom line?
LCID could be stabilizing, but the bearish trend stays in place until it holds above 1.93. Watch for confirmation before expecting a trend reversal.
✅ Bearish trend since 2021: LCID’s price dropped from 64.86 to 1.93, a major decline over the past few years.
📉 Substantial declines: After a 280% gain in 2021, LCID has seen significant losses —
-82% in 2022
-38% in 2023
-28.3% in 2024
-21% so far in 2025.
🔄 Rebounds, but trend still down: Despite rebounds of over 180% in 2023 and 100% in 2024, the bearish trend remains intact.
⚠️ Diminishing volatility: Large price swings in 2024 slowed down, suggesting the stock might be nearing a bottom.
❌ Still below key MAs: LCID remains below its 200-day and 20-day moving averages, signaling that the overall trend is still bearish.
👀 Key level — 1.93: A strong hold above this low could signal a potential trend shift in the mid-term.
Bottom line?
LCID could be stabilizing, but the bearish trend stays in place until it holds above 1.93. Watch for confirmation before expecting a trend reversal.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.