CCIV Stock Price
CCIV stock price today is 9.78 USD with a volume of 9,742. At the same time, its chart fluctuates between 9.77 USD – 9.81 USD. Churchill Capital stock price was a maximum of 10.61 USD and a minimum of 9.73 USD within 52 weeks. Its average volume is 124,401 and it is ranked 674.82M in the MarketCap listings. The target point of Churchill Capital stock price at the end of 1 year is not clear yet.
What type of stock is CCIV?
CCIV stocks price are up 11% 2 months ago, hitting a three-month excessive of $26.52. The inventory boosted its stellar overall performance in early June, courtesy of development withinside the EV area and growing anticipation for the imminent merger with Lucid Motors. US Secretary Janet Yellen’s retraction from her shrinking feedback helped enhance normal marketplace sentiment, giving CCIV greater support. The Reddit-led retail craze back in early June, ramping up meme stocks.
Is CCIV a Long-Term Stock?
According to CCIV stock forecast, CCIV stock price target from backlog finds support at $10.04. The stock will move up as it tests support, according to Churchill Capital stock forecast. This support point can hold a good buying opportunity when we evaluate the CCIV stock prediction.
According to the CCIV stock price forecast results, the stock has very controlled movements. Therefore, the CCIV stock price prediction results show us that the risk of this stock is very low. We need to add to the CCIV forecast that doesn’t forget to consider the falling volume!
During the last day, the stock has moved between the maximum and minimum of 0.65% and $0.0649. This volatility was 0.72% last week, according to the CCIV stock forecast CNN.
CCIV stock was oversold at RSI14 (22). Some stocks can fall long and hard during oversold on the RSI before turning. Therefore, the risk of the stock may increase according to the CCIV stock forecast. This makes the value of the stock’s CCIV stock prediction negative. Therefore, we cannot make a positive assessment of this stock.
Who Is CCIV Merging With?
Update July 23: Shares of Churchill Capital IV (NYSE: CCIV) fell as low as $22.33 earlier than convalescing to stop Thursday at $22.90, nevertheless down 2.26%. CCIV shares disregarded the nice Wall Street indices amid ‘promote the fact’ trading because the CCIV shareholders accredited the merger with Lucid Motors.
Is CCIV Stock a Buy or Sell?
The stock has a few positive signals, according to Churchill Capital stock forecast. CCIV stock forecast for 2021 this stock is in a narrow and falling trend. Accordingly, the next few days CCIV price target will not be able to perform well. As a result, we make a negative evaluation for CCIV stock price prediction.
What kind of Company is Churchill Capital Corp IV?
Churchill Capital Corp IV, a publicly-traded unique motive acquisition firm, introduced at a personal assembly closing month that its shareholders had voted to approve the proposals wished to finish its merger with Lucid Motors, a pacesetter in EV technology.
All proposals for the commercial enterprise mixture acquired overwhelming guide from balloting shareholders. Churchill IV that not unusual place inventory, warrants, and unit stocks are presently indexed at the New York Stock Exchange, intends to delist the NYSE and listing the company’s not unusual to place inventory and warrants after the merger.
We will see if this merger decision will be effective for CCIV stock forecast 2021 or CCIV stock prediction 2025 in the longer term.
What Is Churchill Capital Corp IV Do?
Churchill Capital Corp IV is actually a bridging institution. It has been established with one or more enterprises to realize a stock exchange, merger, asset acquisition, restructuring, share purchase, or similar business combination.
CCIV Stock Final Trading Day Moves and Our Expectations
Churchill Capital Corp VI stock price fell 0.59% on the last day from $10.11 to $10.05. During the day, the stock fluctuated 0.65% from the day’s low of $10.02 to the day’s high of $10.09. The price has fallen in 7 of the last 10 days and is down 1.37% for this period overall.
Volume fell along with the price on the last trading day. This CCIV stock predictions had a good effect. Because the stock and price drop together is a pretty good technical result. It reduces the risk for the CCIV stock forecast. On the last day, the trading volume decreased by 8 thousand shares and a total of 4 thousand shares were traded for approximately 37.09 thousand dollars.
CCIV stock price target broke down the narrow and sideways trend. These breaks are usually followed by fast and powerful movements. Also, any correction to the breakout line at around $10.10 is a second chance to exit before further declines. In addition, CCIV stock price forecast can be bad because false breakouts may occur and the price may revert to a sideways trend.
CCIV Stock Price Signals
There are no positive signals on the chart for the CCIV stock forecast 2021. Even for the CCIV stock forecast 2025, the situation is not looking good if we think long term. According to the CCIV stock price forecast, the stock gives sell signals both in the short and long term. In addition, there is a sell signal between the long and short term.
According to CCIV stock prediction, $10.08 and $10.18 are resistance levels. Levels above these give a sell signal. We received a sell signal from the pivot peak on July 16, 2021. On top of that, it experienced a total decline of 2.90%. It could see further declines until a new bottom pivot is found.
Volume fell with the price, giving positive signals from a technical standpoint. However, this stock has low liquidity. In addition, this condition may increase the overall risk. Too low volume increases risk and blocks positive signals. The CCIV stock price forecast doesn’t look very bright.
Before investing in a stock, you should know the technical information in the market. In addition, you should be able to do technical and general analysis. Although we share the results of our analyzes for you, you should act by thinking for yourself. In addition, while investing, the amount you set aside for this investment should not shake your general budget. Thus, you can make your transactions without being dependent on the money you invest and without stress.