| LTHM latest price $24.2500 (-0.78%) ($23.8150 - $25.3600) on Thu. Jul. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.3% (three month average) |
RSI | 61 |
Latest Price | $24.2500(-0.78%) |
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 6% 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(69%) DRIV(61%) IWO(60%) IWM(59%) |
Factors Impacting LTHM price | LTHM will decline at least -3.15% in a week (0% probabilities). VIXM(-20%) UUP(-19%) VXX(-8%) TBT(-4%) UNG(-1%) |
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 | -3.15% (StdDev 6.3%) |
Hourly BBV | 0.7 () |
Intraday Trend | -3.1% |
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