| LTHM latest price $22.1200 (8.59%) ($20.8200 - $22.1200) on Fri. Aug. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.72% (three month average) |
RSI | 77 |
Latest Price | $22.1200(8.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 2.6% a day on average for past five trading days. |
Weekly Trend | LTHM advances 4.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) LIT(68%) REMX(68%) DRIV(66%) IWO(63%) IWM(62%) |
Factors Impacting LTHM price | LTHM will decline at least -1.86% in a week (0% probabilities). VIXM(-38%) UUP(-24%) VXX(-14%) TLT(-4%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.86% (StdDev 3.72%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4.8% |
| |
|
|