| LTHM latest price $28.4200 (-0.84%) ($27.8200 - $28.7400) on Wed. Oct. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.65% (three month average) |
RSI | 41 |
Latest Price | $28.4200(-0.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 1.2% a day on average for past five trading days. |
Weekly Trend | LTHM declines -4.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(71%) REMX(71%) DRIV(64%) IWM(62%) IWO(62%) |
Factors Impacting LTHM price | LTHM will decline at least -1.825% in a week (0% probabilities). VIXM(-18%) 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 | -1.825% (StdDev 3.65%) |
Hourly BBV | -0.3 () |
Intraday Trend | 1.1% |
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