| LTHM latest price $22.2400 (-1.07%) ($22.1300 - $23.2150) on Thu. May. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 53 |
Latest Price | $22.2400(-1.07%) |
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 -1.3% 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(71%) LIT(62%) IWO(55%) IWM(54%) XME(53%) |
Factors Impacting LTHM price | LTHM will decline at least -1.65% in a week (0% probabilities). VIXM(-39%) VXX(-37%) UUP(-23%) TBT(-9%) SMH(-7%) |
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 | -1.65% (StdDev 3.3%) |
Hourly BBV | 0.1 () |
Intraday Trend | -2.1% |
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