Market update
What happened
Polestar Automotive Holding UK PLC Class C-1 ADS (PSNYW) fell 46.9% in the week ended July 24, closing at $2.79 in a weekly price path over 52 weeks.
The evidence is mixed rather than one-way: the four-week return remains 16.5%, but the twelve-week return is -12.8%. The trend signal is inactive, Market Dynamics shows pressure at -0.12, and Relative Strength sits at -50.0.
Latest volume of 590,788 was about 2.0 times the 13-week average of 296,644, pointing to heavier participation around the weekly break.