(Lithium Americas Corp. )
| LAC latest price $8.1600 (7.37%) ($7.5100 - $8.1800) on Wed. Aug. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 72 |
Latest Price | $8.1600(7.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 2.7% a day on average for past five trading days. |
Weekly Trend | LAC advances 11.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LAC advance at 0% a week (0% probability) REMX(59%) ICLN(58%) IWO(57%) LIT(57%) IWC(56%) |
Factors Impacting LAC price | LAC will decline at least -2.775% in a week (0% probabilities). VIXM(-27%) UUP(-17%) VXX(-12%) TLT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.775% (StdDev 5.55%) |
Hourly BBV | 0 () |
Intraday Trend | 7.5% |
| |
|
|