(Lithium Americas Corp. )
| LAC latest price $21.4700 (12.53%) ($19.0600 - $21.8500) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.3% (three month average) |
RSI | 90 |
Latest Price | $21.4700(12.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 6% a day on average for past five trading days. |
Weekly Trend | LAC advances 29.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(66%) LIT(62%) DRIV(61%) IWO(60%) ICLN(59%) |
Factors Impacting LAC price | LAC will decline at least -3.15% in a week (0% probabilities). VIXM(-31%) UUP(-18%) VXX(-12%) IGOV(-6%) 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 | -3.15% (StdDev 6.3%) |
Hourly BBV | 1.7 () |
Intraday Trend | 11.9% |
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