(Lithium Americas Corp. )
| LAC latest price $21.1300 (2.52%) ($20.2600 - $21.8100) on Tue. May. 9, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 55 |
Latest Price | $21.1300(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 2.2% a day on average for past five trading days. |
Weekly Trend | LAC advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LAC advance at 0% a week (0% probability) REMX(58%) LIT(53%) IWM(48%) IWO(48%) IDRV(47%) |
Factors Impacting LAC price | LAC will decline at least -1.54% in a week (0% probabilities). VXX(-24%) VIXM(-23%) UUP(-10%) IGOV(-3%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.54% (StdDev 3.08%) |
Hourly BBV | 1 () |
Intraday Trend | 4.1% |
| |
|
|