| LTHM latest price $26.0000 (5.43%) ($25.1400 - $26.7200) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 71 |
Latest Price | $26.0000(5.43%) |
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 4.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) LIT(69%) REMX(68%) DRIV(60%) IWO(59%) IWM(58%) |
Factors Impacting LTHM price | LTHM will decline at least -2.59% in a week (0% probabilities). VIXM(-19%) UUP(-18%) VXX(-8%) TBT(-4%) EDOC(-3%) |
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 | -2.59% (StdDev 5.18%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.9% |
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