| LTHM latest price $22.9600 (-1.71%) ($22.6800 - $23.7000) on Wed. Feb. 2, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 35 |
Latest Price | $22.9600(-1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 1.1% a day on average for past five trading days. |
Weekly Trend | LTHM declines -3.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) LIT(70%) REMX(70%) DRIV(66%) IWO(64%) ICLN(63%) |
Factors Impacting LTHM price | LTHM will decline at least -1.76% in a week (0% probabilities). VIXM(-36%) UUP(-26%) VXX(-12%) TLT(-2%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.76% (StdDev 3.52%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
| |
|
|