| LTHM latest price $23.9100 (3.1%) ($23.4600 - $24.0350) on Mon. May. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 54 |
Latest Price | $23.9100(3.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 2.8% a day on average for past five trading days. |
Weekly Trend | LTHM advances 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) REMX(71%) LIT(59%) IWO(55%) IFRA(54%) IWM(53%) |
Factors Impacting LTHM price | LTHM will decline at least -1.675% in a week (0% probabilities). VIXM(-35%) VXX(-34%) UUP(-21%) TBT(-15%) SMH(-8%) |
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 | -1.675% (StdDev 3.35%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1% |
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