(Lithium Americas Corp. )
| LAC latest price $16.1000 (-2.37%) ($15.8800 - $16.6300) on Tue. Jun. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.45% (three month average) |
RSI | 71 |
Latest Price | $16.1000(-2.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 0.5% a day on average for past five trading days. |
Weekly Trend | LAC advances 8.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LAC advance at 0% a week (0% probability) REMX(69%) LIT(66%) DRIV(61%) IWO(61%) IDRV(60%) |
Factors Impacting LAC price | LAC will decline at least -2.225% in a week (0% probabilities). VIXM(-33%) UUP(-17%) VXX(-11%) TLT(-1%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.225% (StdDev 4.45%) |
Hourly BBV | -0.5 () |
Intraday Trend | -2.7% |
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