| LTHM latest price $21.7500 (-1%) ($21.7150 - $22.1100) on Thu. Aug. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 31 |
Latest Price | $21.7500(-1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LTHM advances 0.5% a day on average for past five trading days. |
Weekly Trend | LTHM declines -2.9% 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) QQQ(92%) INDA(87%) IVE(87%) DIA(82%) IWF(82%) |
Factors Impacting LTHM price | LTHM will decline at least -1.205% in a week (0% probabilities). VXX(-75%) VIXM(-72%) TBT(-15%) UUP(-14%) USO(-5%) |
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 | -1.205% (StdDev 2.41%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.3% |
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