| LTHM latest price $11.1600 (-3.63%) ($10.5200 - $11.5200) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.39% (three month average) |
RSI | 52 |
Latest Price | $11.1600(-3.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 2% a day on average for past five trading days. |
Weekly Trend | LTHM advances 3.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -2.195% 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 | -2.195% (StdDev 4.39%) |
Hourly BBV | -1 () |
Intraday Trend | -2.6% |
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