LCID: Is the Bearish Trend Finally Nearing a Reversal?

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.