| LTHM latest price $15.5700 (3.8%) ($15.0000 - $15.8800) on Fri. Nov. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.85% (three month average) |
RSI | 78 |
Latest Price | $15.5700(3.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 1.8% a day on average for past five trading days. |
Weekly Trend | LTHM advances 12.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) LIT(65%) DRIV(64%) REMX(64%) IWM(63%) IWO(63%) |
Factors Impacting LTHM price | LTHM will decline at least -2.425% in a week (0% probabilities). VIXM(-37%) UUP(-23%) VXX(-16%) IGOV(-4%) TLT(-3%) |
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 | -2.425% (StdDev 4.85%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3% |
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