| LTHM latest price $28.3200 (-0.25%) ($27.9200 - $28.4200) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 70 |
Latest Price | $28.3200(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 0.7% a day on average for past five trading days. |
Weekly Trend | LTHM advances 3.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LTHM advance at 0% a week (0% probability) GLD(87%) IVW(69%) REMX(68%) SMH(67%) SPY(64%) |
Factors Impacting LTHM price | LTHM will decline at least -1.365% in a week (0% probabilities). VIXM(-51%) VXX(-47%) UUP(-34%) TBT(-26%) EDOC(-16%) |
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 | -1.365% (StdDev 2.73%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0.2% |
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