Lucid Stock Edges Higher As US-Iran Peace Deal Triggers Growth Stock Rebound - Lucid Group (NASDAQ:LCID)

Lucid Group stock rose Monday after a macro breakthrough: a US-Iran peace deal reopened the Strait of Hormuz and crude oil fell about 5%, easing inflation fears. The drop in energy costs and a fall in Treasury yields, with the 10-year at 4.48%, are favorable for Lucid's high-growth, capital-intensive model. The shift sparked a risk-on rotation that lifted the Nasdaq-100 and boosted demand for growth and clean-energy stocks. Even with the bounce, Lucid remains down 75.19% in the last year and trades below its 20-, 50-, and 200-day moving averages, signaling ongoing weakness. Near-term tests include reclaiming the 20-day level and sustaining it to flatten short-term averages, with MACD below its signal line. Lucid operates on a direct-to-consumer model focused on the Lucid Air, with a footprint across North America and the Middle East. The stock was up 1.54% to about $5.28 at publication, with resistance at $5.73 and support near $4.47.