(Lithium Americas Corp. )
| LAC latest price $28.5400 (-0.7%) ($27.9100 - $29.4600) on Mon. Feb. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 57 |
Latest Price | $28.5400(-0.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 1% a day on average for past five trading days. |
Weekly Trend | LAC declines -1.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LAC advance at 0% a week (0% probability) REMX(70%) LIT(67%) IWO(64%) IWM(63%) DRIV(62%) |
Factors Impacting LAC price | LAC will decline at least -2.6% in a week (0% probabilities). VIXM(-28%) UUP(-19%) VXX(-7%) EDOC(-6%) TBT(-5%) |
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 | -2.6% (StdDev 5.2%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.4% |
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