(Lithium Americas Corp. )
| LAC latest price $30.7700 (-1.22%) ($29.7000 - $31.0900) on Mon. Aug. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 90 |
Latest Price | $30.7700(-1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 1.7% a day on average for past five trading days. |
Weekly Trend | LAC advances 10.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LAC advance at 0% a week (0% probability) REMX(67%) LIT(63%) IDRV(59%) IWO(58%) IWM(57%) |
Factors Impacting LAC price | LAC will decline at least -2.27% in a week (0% probabilities). VIXM(-13%) UUP(-12%) TBT(-10%) VXX(-4%) EDOC(-3%) |
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 | -2.27% (StdDev 4.54%) |
Hourly BBV | 0.7 () |
Intraday Trend | 2.1% |
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