(Lithium Americas Corp. )
| LAC latest price $10.7900 (-4.93%) ($10.7300 - $11.4900) on Wed. Nov. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.96% (three month average) |
RSI | 56 |
Latest Price | $10.7900(-4.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 1.4% a day on average for past five trading days. |
Weekly Trend | LAC advances 4.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) LIT(60%) DRIV(59%) ICLN(59%) IWO(59%) |
Factors Impacting LAC price | LAC will decline at least -3.98% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.98% (StdDev 7.96%) |
Hourly BBV | -1.4 () |
Intraday Trend | -5.5% |
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