| LTHM latest price $28.3300 (-1.5%) ($26.9200 - $29.7300) on Fri. May. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.85% (three month average) |
RSI | 71 |
Latest Price | $28.3300(-1.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 1.4% a day on average for past five trading days. |
Weekly Trend | LTHM advances 4.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) LIT(71%) REMX(71%) DRIV(65%) IWO(63%) IWM(61%) |
Factors Impacting LTHM price | LTHM will decline at least -2.925% in a week (0% probabilities). VIXM(-26%) UUP(-23%) VXX(-9%) UNG(-1%) TLT(-1%) |
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 | -2.925% (StdDev 5.85%) |
Hourly BBV | -0.3 () |
Intraday Trend | -2.7% |
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