Lucid Group, Inc. stock plunged over 50% intraday on July 14 — from $5.51 to $2.37 — before closing at $4.62 on record volume. Bankruptcy rumors triggered a Nasdaq trading halt. Although Lucid dismissed the reports as false, the technical damage to LCID is now severe.

Key takeaways

• LCID crashed more than 50% intraday on July 14, hitting a low of $2.37 before closing at $4.62 on volume exceeding 155 million shares.
• The stock closed below all three daily EMAs — EMA20 at $5.70, EMA50 at $6.14, and EMA200 at $10.72 — confirming a deeply bearish structure.
• Daily RSI sits at 35.75 and MACD histogram reads -0.08, indicating persistent downside momentum without…