(Lithium Americas Corp. )
| LAC latest price $10.2000 (-6.08%) ($10.1700 - $11.9900) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.16% (three month average) |
RSI | 37 |
Latest Price | $10.2000(-6.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 0.9% a day on average for past five trading days. |
Weekly Trend | LAC declines -1.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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%) IWO(60%) LIT(60%) ICLN(59%) |
Factors Impacting LAC price | LAC will decline at least -4.08% in a week (0% probabilities). VIXM(-29%) UUP(-18%) VXX(-12%) EDOC(-6%) TLT(-1%) |
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 | -4.08% (StdDev 8.16%) |
Hourly BBV | -1.6 () |
Intraday Trend | -14.9% |
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