- Volatility is at a recent 2 week high. A high volatility of stock movement indicates uncertainty.
- MACD is crossing MACD signal line at 0.4. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Shares of Canadian electric-vehicle maker ElectraMeccanica Vehicles (NASDAQ: SOLO) were trading lower on Tuesday, declining for a second day after a prominent short-seller called its business and valuation into question. As of 11:15 a.m. EST, ElectraMeccanica's shares were trading at $9.16, down about 10.2% from Monday's closing price. Investors excited about the potential for electric vehicles -- and mindful of the huge run-up in Tesla's shares over the last couple of years -- have bid up the...
Shares of electric-vehicle maker ElectraMeccanica Vehicles (NASDAQ: SOLO) were sharply higher on Friday, moving up with other electric-vehicle stocks despite a bearish take from a widely followed short-seller. As of 1:45 p.m. EST, ElectraMeccanica's shares were up about 19.6% from Thursday's closing price. Investors eager to participate in the world's transition to electric vehicles have flocked to shares of companies like ElectraMeccanica in recent months.
The rally in electric vehicle-related stocks has not been missed by Citron Research. The short seller is out with tweets Friday hitting one of the fastest growing names in the sector.What Happened: Citron hit Electrameccanica Vehicles Corp (NASDAQ: SOLO). The first tweet calls SOLO "a complete joke" and gives the company a $2 price target."Where other EV might be overvalued, this is laughable," the tweet said.Citron noted Electrameccanica has spent under $6 million on research and development ov...
The stocks of ElectraMeccanica Vehicles (NASDAQ: SOLO) and Arcimoto (NASDAQ: FUV) are up 18% and 26%, respectively, as of 11:45 a.m. EST. The companies both make different types of three-wheeled electric vehicles. The company announced yesterday that it is merging with electric van and bus maker, Arrival, to bring it public on the Nasdaq under the new ticker symbol ARVL.
Electrameccanica (SOLO) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.