| LTHM latest price $11.3200 (5.3%) ($10.8500 - $11.4950) on Mon. Nov. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 53 |
Latest Price | $11.3200(5.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 1.3% a day on average for past five trading days. |
Weekly Trend | LTHM advances 0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) DRIV(64%) LIT(64%) REMX(64%) IWM(62%) IWO(62%) |
Factors Impacting LTHM price | LTHM will decline at least -2.19% in a week (0% probabilities). VIXM(-37%) UUP(-23%) VXX(-16%) EDOC(-6%) TLT(-4%) |
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 | -2.19% (StdDev 4.38%) |
Hourly BBV | 1.2 () |
Intraday Trend | 4.3% |
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