(Lithium Americas Corp. )
| LAC latest price $25.8500 (-5.55%) ($25.8200 - $27.3800) on Wed. Nov. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.1% (three month average) |
RSI | 62 |
Latest Price | $25.8500(-5.55%) |
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 1.4% 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(62%) LIT(60%) IDRV(55%) IWO(54%) IWM(53%) |
Factors Impacting LAC price | LAC will decline at least -2.05% in a week (0% probabilities). TBT(-10%) VIXM(-6%) UUP(-4%) VXX(-3%) EDOC(-3%) |
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 | -2.05% (StdDev 4.1%) |
Hourly BBV | -1.4 () |
Intraday Trend | -3.7% |
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