| LTHM latest price $31.4400 (-3.05%) ($30.5500 - $32.3200) on Tue. Nov. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 75 |
Latest Price | $31.4400(-3.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 0.9% a day on average for past five trading days. |
Weekly Trend | LTHM advances 10.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) LIT(71%) REMX(70%) DRIV(67%) IWO(64%) ICLN(63%) |
Factors Impacting LTHM price | LTHM will decline at least -1.8% in a week (0% probabilities). VIXM(-38%) UUP(-25%) VXX(-13%) TLT(-3%) SHY(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.8% (StdDev 3.6%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.8% |
| |
|
|