(Lithium Americas Corp. )
| LAC latest price $29.8600 (-5.72%) ($29.6500 - $31.9700) on Fri. Aug. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.47% (three month average) |
RSI | 59 |
Latest Price | $29.8600(-5.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 0.9% a day on average for past five trading days. |
Weekly Trend | LAC advances 1.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LAC advance at 0% a week (0% probability) REMX(66%) LIT(63%) IDRV(58%) IWO(57%) IWM(56%) |
Factors Impacting LAC price | LAC will decline at least -2.235% in a week (0% probabilities). VIXM(-12%) UUP(-11%) TBT(-10%) EDOC(-6%) VXX(-4%) |
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 | -2.235% (StdDev 4.47%) |
Hourly BBV | -1.6 () |
Intraday Trend | -6.2% |
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