| LTHM latest price $11.7200 (-2.09%) ($11.4300 - $12.5300) on Thu. Oct. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.17% (three month average) |
RSI | 68 |
Latest Price | $11.7200(-2.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 5.1% a day on average for past five trading days. |
Weekly Trend | LTHM advances 18.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) LIT(63%) REMX(63%) IWM(61%) IWO(61%) IWC(60%) |
Factors Impacting LTHM price | LTHM will decline at least -2.085% in a week (0% probabilities). VIXM(-37%) UUP(-24%) VXX(-16%) DRIV(-7%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.085% (StdDev 4.17%) |
Hourly BBV | 0 () |
Intraday Trend | -4.6% |
| |
|
|