(Lithium Americas Corp. )
| LAC latest price $7.0700 (-0.98%) ($6.7900 - $7.2000) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 71 |
Latest Price | $7.0700(-0.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 2.9% a day on average for past five trading days. |
Weekly Trend | LAC advances 10% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based 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(-17%) 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 | -1.1% |
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