| LTHM latest price $25.5000 (5.24%) ($24.3800 - $25.8400) on Wed. May. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 64 |
Latest Price | $25.5000(5.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 2.6% a day on average for past five trading days. |
Weekly Trend | LTHM advances 6.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) REMX(71%) LIT(59%) IWO(55%) IFRA(54%) IWM(53%) |
Factors Impacting LTHM price | LTHM will decline at least -1.71% in a week (0% probabilities). VIXM(-34%) VXX(-33%) UUP(-22%) TBT(-15%) SMH(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.71% (StdDev 3.42%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2% |
| |
|
|