| LTHM latest price $11.5800 (2.3%) ($11.2700 - $11.8500) on Tue. Nov. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 55 |
Latest Price | $11.5800(2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 2% a day on average for past five trading days. |
Weekly Trend | LTHM advances 1.9% 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) DRIV(64%) LIT(64%) REMX(64%) IWM(62%) IWO(62%) |
Factors Impacting LTHM price | LTHM will decline at least -2.19% in a week (0% probabilities). VIXM(-37%) UUP(-23%) VXX(-16%) EDOC(-6%) TLT(-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 | -2.19% (StdDev 4.38%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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