| LTHM latest price $21.5400 (3.86%) ($20.7100 - $21.5900) on Tue. Apr. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3% (three month average) |
RSI | 55 |
Latest Price | $21.5400(3.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 0.2% a day on average for past five trading days. |
Weekly Trend | LTHM declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) REMX(71%) LIT(66%) XME(56%) IWM(54%) IWO(54%) |
Factors Impacting LTHM price | LTHM will decline at least -1.5% in a week (0% probabilities). VIXM(-38%) VXX(-36%) UUP(-18%) SHY(-9%) EDOC(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.5% (StdDev 3%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.7% |
| |
|
|