(Lithium Americas Corp. )
| LAC latest price $24.1800 (3.25%) ($22.8300 - $24.2000) on Wed. Oct. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.91% (three month average) |
RSI | 42 |
Latest Price | $24.1800(3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 1.7% a day on average for past five trading days. |
Weekly Trend | LAC declines -7.6% 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(64%) LIT(62%) IDRV(57%) IWM(54%) IWO(54%) |
Factors Impacting LAC price | LAC will decline at least -1.955% in a week (0% probabilities). VIXM(-8%) TBT(-8%) UUP(-7%) VXX(-3%) UNG(-2%) |
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 | -1.955% (StdDev 3.91%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4% |
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