Cineverse's 15-Min Chart Shows KDJ Death Cross, Bearish Marubozu Pattern

The 15-minute chart for Cineverse has recently triggered a KDJ Death Cross and a Bearish Marubozu formation on September 3, 2025 at 13:45. This signals a shift in the momentum of the stock price towards the downside, with a potential for further decreases. Sellers are currently in control of the market, and it is likely that bearish momentum will continue.

Lucid Group Inc. (NASDAQ: LCID) announced a 1-for-10 reverse stock split, set to take effect on September 2, 2025. The move aims to lift the per-share price of the company, which has been trading at a significant discount to its consensus price target of $24.28. The reverse split will reduce Lucid's outstanding shares from approximately 3.07 billion to about 307.3 million, and the company's authorized shares from 15 billion to 1.5 billion [1].

The stock split comes amid a challenging period for Lucid Group. The company reported a second-quarter result that missed analyst expectations and trimmed its 2025 production target to 18,000 to 20,000 vehicles. The stock has delivered a 53.77% decline over the past year, underperforming the US Auto industry and broader US market. The company's net loss widened to $855 million, or roughly $0.28 a share, from a loss of $790 million, or $0.34 per share, a year earlier [3].

The reverse stock split aims to address these operational headwinds and lift Lucid's per-share price. However, investors reacted cautiously due to the company's reduced production targets and ongoing policy changes, such as the federal $7,500 EV tax credit set to expire at the end of September. The company is aiming to soften the blow from these changes by introducing its own "Lucid Advantage Credit" [3].

On September 3, 2025, at 13:45, the 15-minute chart for Lucid Group triggered a KDJ Death Cross and a Bearish Marubozu formation, signaling a shift in the momentum of the stock price towards the downside. This indicates that sellers are currently in control of the market, and it is likely that bearish momentum will continue [2].

Investors should consider the volatility and new output expectations of the company when calculating entry or hedging strategies. The reverse stock split, while aimed at boosting the per-share price, may not be enough to turn around Lucid's current challenges. Traders should closely monitor the company's performance and the broader market conditions to make informed investment decisions.

References:
[1] https://www.investing.com/news/stock-market-news/lucid-stock-falls-after-announcing-1for10-reverse-split-93CH-4217139
[2] https://www.tradingview.com/news/gurufocus:b050a848b094b:0-why-lucid-group-lcid-shares-are-sinking-today/
[3] https://stocktwits.com/news-articles/markets/equity/why-did-lucid-s-stock-drop-more-than-10-on-tuesday/chwTSlgRdF1