(Lithium Americas Corp. )
| LAC latest price $10.5700 (8.52%) ($9.9400 - $10.6400) on Tue. Nov. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.04% (three month average) |
RSI | 35 |
Latest Price | $10.5700(8.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 1.2% a day on average for past five trading days. |
Weekly Trend | LAC declines -11.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LAC advance at 0% a week (0% probability) REMX(64%) DRIV(60%) ICLN(60%) IWO(60%) LIT(60%) |
Factors Impacting LAC price | LAC will decline at least -4.02% in a week (0% probabilities). VIXM(-30%) UUP(-18%) VXX(-13%) EDOC(-5%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.02% (StdDev 8.04%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4.1% |
| |
|
|