Lucid Motors Stock Price Chart
The Lucid Motors Stock Live Price & Charts at CAPEX.com features an interactive chart for the price of Lucid Motors in US Dollars as well as Lucid Motors Stock trading conditions. Lucid Motors Stock Live Price & Charts can be displayed using a candlestick or linear chart. You can also look at numerous timeframes from 5 minutes to 1 week to analyze the Lucid Motors stock price today.
Why Use Lucid Motors Stock Price Chart?
Lucid Motors' stock price chart can be useful in several ways. For those looking to actively speculate on the price of Lucid Motors stock, rather than invest for the long-term, price charts are an absolute necessity. Short-term traders or investors may examine Lucid Motors stock prices on shorter timeframes, looking for areas of support to buy at and areas of resistance to sell at. Short-term traders or investors may also use charts to try to identify trends in the Lucid Motors stock chart to try to take advantage of them.
Long-term investors can also make effective use of Lucid Motors stock price charts. A long-term Lucid Motors stock investor may not be interested in a 10 minute or hourly timeframe, but longer timeframes such as daily, weekly, monthly, or yearly charts. Like the short-term trader, long-term Lucid Motors stock investors may use charts to try to identify trends in the price of shares, or they may try to spot potential areas of price support to buy at.
How to Speculate on Today’s Lucid Motors Stock Price?
Trading stocks is a method of speculating on the price of Lucid Motors shares through CFDs (Contracts for Difference). Unlike buying shares of Lucid Motors stock to hold and store, trading via CFDs means you do not have to take ownership or delivery of the digital currency.
CFDs are leveraged products, which means you can gain full exposure to the price of Lucid Motors stock for a small deposit – called margin. This is not an extra cost to you, but it can make a significant difference to the affordability of your trade. Remember, leverage will magnify both profits and losses.
What moves Lucid Motors' stock price today?
Many factors affect the market supply and demand for Lucid Motors stock price. The key factors are earning reports and macroeconomic data.
Lucid Motors Inc. usually releases interim reports on its financial performance once every quarter and a full report once a year. These reports can influence Lucid Motors’s share price as traders and investors use figures including revenue, profit, and earnings per share (EPS) as part of their fundamental analysis.
The state of the economy a company operates in will affect its growth. Data releases such as gross domestic product (GDP) and retail sales can have a considerable influence on Lucid Motors’s share prices – strong data can cause them to rise, while weak data can cause them to fall.
How high can the Lucid Motors stock prices go in 2022?
Historically speaking, Lucid Motors’s price has been more volatile than other stocks. If you invest in Lucid Motors instead of US indices, you would be increasing your risk for more upside potential.
The 3 analysts offering 12-month price forecasts for Lucid Group Inc have a median target of 45.00, with a high estimate of 50.00 and a low estimate of 12.00. The median estimate represents a +101.52% increase from the Lucid Motors stock price at the beginning of Q2.
Browse our live Lucid Motors stock chart to get all the information you need on Lucid Motors stock price today
Lucid Motors stock is a promising long-term EV stock that started deliveries of its first electric vehicle in late Oct. 2021.
Lucid Group Inc. (LCID) was founded in 2007 and is headquartered in Newark, California. The company originally made powertrains and batteries for other EV manufacturers, but in 2016, branded itself as Lucid Motors, and begin making luxury electric vehicles that compete with companies like Tesla, Nikola, and Rivian. In 2019, Lucid Motors received a funding commitment from the Public Investment Fund of Saudi Arabia for over $1 billion.
In July 2021, Lucid Group became a public company as a result of a merger with Churchill Capital IV Corp., a SPAC (special purpose acquisition company) trading on the NASDAQ stock exchange. As a result of the merger the company effectively raised $4.5 billion and sidestepped the IPO process to become a public company through acquisition.
Company growth is correlated with share price increases, which is what people are hoping for when they buy Lucid Motors shares.
The all-time high Lucid Motors stock price was 57.65 on November 15, 2021. Lucid shares price lost more than 50% and stabilized around IPO price. Lucid shares price is sharply below the 50-day line and is now also below the long-term 200-day line.
Basic analysis is necessary before speculating on the Lucid Motors stock prices. As with any stock investment, make sure you carefully assess your financial situation before investing in Lucid Motors stock and other markets. Lucid Motors’s stock price can be extremely volatile.
With CAPEX WebTrader’s comprehensive live charts you can stay up to date with the latest changes in the Lucid Motors stock prices from your mobile and browser.