| LTHM latest price $21.0200 (0.62%) ($20.2300 - $21.1400) on Tue. May. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 52 |
Latest Price | $21.0200(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 0.1% a day on average for past five trading days. |
Weekly Trend | LTHM declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based 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) REMX(72%) LIT(62%) IWO(53%) XME(53%) IWM(52%) |
Factors Impacting LTHM price | LTHM will decline at least -1.605% in a week (0% probabilities). VIXM(-37%) VXX(-36%) UUP(-25%) TBT(-11%) EDOC(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.605% (StdDev 3.21%) |
Hourly BBV | -0.2 () |
Intraday Trend | 1.8% |
| |
|
|