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.
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