Luminar Technologies (LAZR, $5.21) entered Downtrend as Momentum indicator drops below 0 level on Feb 25, 2025

#AutoPartsOEM, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
LAZR - Luminar Technologies Inc
Momentum signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $5.21
Daily change: -$0.34 (-6.05%)
Daily volume: 2M
Capitalization: $173.5M
Industry: Auto Parts: OEM

This indicator may be signaling that LAZR's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 83 similar cases where LAZR's Momentum Indicator fell below the 0 level, and 69 of them led to a successful outcome. Odds of Success: 83%.