(Lithium Americas Corp. )
| LAC latest price $6.7500 (8%) ($6.2200 - $6.8900) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 70 |
Latest Price | $6.7500(8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 1.1% a day on average for past five trading days. |
Weekly Trend | LAC advances 7.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support LAC advance at 0% a week (0% probability) REMX(60%) ICLN(58%) IWO(57%) LIT(57%) IWC(56%) |
Factors Impacting LAC price | LAC will decline at least -2.5% in a week (0% probabilities). VIXM(-27%) UUP(-18%) VXX(-12%) TLT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.5% (StdDev 5%) |
Hourly BBV | 0 () |
Intraday Trend | 7.5% |
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