Uber teams up with Lucid and Nuro to deploy 20,000 robotaxis across the U.S.
Uber's Collaboration for Robotaxis: Uber has partnered with Lucid and Nuro to develop over 20,000 robotaxis in the U.S. over the next six years, with a planned launch in a major city next year. Uber will invest $300 million in Lucid and a larger undisclosed amount in Nuro, gaining a seat on Nuro's board as part of the agreement.
Impact on Electric Vehicle Market: The collaboration aims to integrate Lucid's Gravity SUV with Nuro's autonomous technology, enhancing Uber's position in the electric and autonomous vehicle market. Following the announcement, Lucid's stock surged by 36%, reflecting investor confidence in the partnership's potential.
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Technical Analysis for VSN
Technical Sentiment Analysis for Vision (VSN) As of , Vision (VSN) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for VSN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, VSN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Vision (VSN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0383 | 0.0425 | 0.0469 | 0.0511 | 0.0555 | 0.0597 | 0.0641 |
| Fibonacci | 0.0425 | 0.0458 | 0.0478 | 0.0511 | 0.0544 | 0.0564 | 0.0597 |
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