| LTHM latest price $24.2700 (-2.49%) ($23.9800 - $25.1000) on Mon. Aug. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.26% (three month average) |
RSI | 75 |
Latest Price | $24.2700(-2.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 1% a day on average for past five trading days. |
Weekly Trend | LTHM advances 8.4% 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(69%) REMX(69%) DRIV(61%) IWO(60%) IWM(58%) |
Factors Impacting LTHM price | LTHM will decline at least -3.13% in a week (0% probabilities). VIXM(-20%) UUP(-19%) VXX(-8%) TBT(-4%) EDOC(-2%) |
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 | -3.13% (StdDev 6.26%) |
Hourly BBV | -0.9 () |
Intraday Trend | -3.1% |
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