(Lithium Americas Corp. )
| LAC latest price $10.8600 (-2.07%) ($10.5570 - $11.6300) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.12% (three month average) |
RSI | 38 |
Latest Price | $10.8600(-2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 2.5% a day on average for past five trading days. |
Weekly Trend | LAC declines -4.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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 -4.06% in a week (0% probabilities). VIXM(-30%) UUP(-18%) VXX(-13%) EDOC(-5%) TLT(-2%) |
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 | -4.06% (StdDev 8.12%) |
Hourly BBV | 0.8 () |
Intraday Trend | -4.5% |
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