Lucid Group moved up less than 1% today. The market isn't being very decisive in its valuation of asset.
It looks like Lucid Group isn't currently at a very decisive point in regards to support/resistance levels. Lucid Group hasn't shown a lot of strength recently, shareholders don't seem that energized about the asset's future prospects. LCID might find some support at the 5.47 level, buyers might push the price back up from here. But it's not very clear what will happen.
Analysts are very concerned for the future of Lucid Group and are providing negative ratings. This may coincide with future price drops. The current Analysts Sentiment Score is -125.10. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Citigroup reiterated a rating of Neutral on 2024-04-22 and provided a price target of $2.90. On 2024-03-25 Morgan Stanley reiterated their rating of Underweight and added a price target of $3.00. On 2024-02-26 Stifel Nicolaus lowered their price target by -20% to $4.00. Cantor Fitzgerald released a downgrade on 2024-02-22 from Neutral to Underweight and dropped their 1 year price target to $4.00 which is down from $6.00. Robert W. Baird provided a price target decease of -33.33% to $4.00 from $6.00 on 2024-02-22. Bank of America announced a lowering of their price target to $4.50 from $7.00 on 2024-02-22. Needham & Company LLC released a downgrade on 2023-11-27 from Buy to Hold. On 2023-11-08 R. F. Lafferty downgraded Lucid Group from Buy to Hold and they lowered their price target by -50% to $5.00 from a previous target of $10.00. Royal Bank of Canada announced that they are reiterating a rating of Sector Perform on 2023-09-19 and added a price target of $6.00. BNP Paribas downgraded from Neutral to Underperform on 2023-08-11 and decided to decrease their price target by -23.08% down to $5.00.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| LCID | -125.10 | 0 | -157.86 | 45.8 | -138.14 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| LCID | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| LCID | 17.43 | %25.9 | 7.1 | 6.93 | 221230000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| LCID |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
