| LTHM latest price $28.5500 (30.25%) ($25.6500 - $28.6200) on Wed. May. 4, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.69% (three month average) |
RSI | 59 |
Latest Price | $28.5500(30.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 6.7% a day on average for past five trading days. |
Weekly Trend | LTHM declines -4.4% 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(69%) REMX(68%) DRIV(64%) IWO(61%) ICLN(60%) |
Factors Impacting LTHM price | LTHM will decline at least -2.845% in a week (0% probabilities). VIXM(-30%) UUP(-24%) VXX(-9%) TLT(-2%) TBT(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.845% (StdDev 5.69%) |
Hourly BBV | 1.7 () |
Intraday Trend | 5.9% |
| |
|
|