(Lithium Americas Corp. )
| LAC latest price $27.2500 (-3.16%) ($27.2500 - $29.0500) on Thu. Oct. 6, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 45 |
Latest Price | $27.2500(-3.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 0.6% a day on average for past five trading days. |
Weekly Trend | LAC declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LAC advance at 0% a week (0% probability) REMX(65%) LIT(62%) IDRV(59%) IWO(57%) IWM(56%) |
Factors Impacting LAC price | LAC will decline at least -1.84% in a week (0% probabilities). VIXM(-10%) UUP(-10%) TBT(-10%) VXX(-3%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.84% (StdDev 3.68%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.3% |
| |
|
|