Is The Lion Electric Co. technically bullish or bearish?
As of April 7, 2025, the technical trend is mildly bearish due to bearish signals from daily moving averages and KST, despite some mild bullishness in MACD, with overall indicators and underperformance against the S&P 500 reinforcing this outlook.
As of 7 April 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the KST showing bearish signals on both weekly and monthly time frames. Although the MACD is mildly bullish on the weekly and monthly charts, this is countered by the overall bearish indicators from the Bollinger Bands and the lack of trends in Dow Theory and OBV. The stock has significantly underperformed compared to the S&P 500 over various time frames, further reinforcing the bearish outlook.
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