| LTHM latest price $21.6600 (-1.99%) ($20.9000 - $22.3600) on Fri. Jan. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.51% (three month average) |
RSI | 79 |
Latest Price | $21.6600(-1.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 2.8% a day on average for past five trading days. |
Weekly Trend | LTHM advances 7.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) LIT(66%) DRIV(65%) REMX(65%) IWM(63%) IWO(63%) |
Factors Impacting LTHM price | LTHM will decline at least -2.255% in a week (0% probabilities). VIXM(-37%) UUP(-24%) VXX(-16%) TLT(-3%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.255% (StdDev 4.51%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
| |
|
|