(Lithium Americas Corp. )
| LAC latest price $21.3600 (-2.29%) ($21.2700 - $22.2200) on Thu. May. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.04% (three month average) |
RSI | 65 |
Latest Price | $21.3600(-2.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 2.5% a day on average for past five trading days. |
Weekly Trend | LAC advances 3.7% a week on average for past two weeks. |
Market Behavior | Value stocks 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(58%) LIT(53%) IWO(48%) IDRV(47%) IWM(47%) |
Factors Impacting LAC price | LAC will decline at least -1.52% in a week (0% probabilities). VXX(-25%) VIXM(-24%) UUP(-9%) SHY(-4%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.52% (StdDev 3.04%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.7% |
| |
|
|