(Lithium Americas Corp. )
| LAC latest price $11.9500 (10.44%) ($10.3900 - $12.1300) on Mon. Nov. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.29% (three month average) |
RSI | 61 |
Latest Price | $11.9500(10.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 3.5% a day on average for past five trading days. |
Weekly Trend | LAC advances 3.5% 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%) LIT(60%) DRIV(59%) ICLN(59%) IWO(59%) |
Factors Impacting LAC price | LAC will decline at least -4.145% in a week (0% probabilities). VIXM(-30%) UUP(-17%) VXX(-12%) EDOC(-7%) TLT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.145% (StdDev 8.29%) |
Hourly BBV | 2.1 () |
Intraday Trend | 8.3% |
| |
|
|