LITHIUM AMERICAS ARGENTINA C (LAAC) Stock Technical Analysis
USA - NYSE:LAAC - CA53681K1003 - Common Stock
Overall LAAC gets a technical rating of 1 out of 10. LAAC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
LAAC has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.58
2 important support areas can be observed.
- A support zone ranging from 2.71 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.94 from a trend line in the daily time frame.
- A resistance zone ranging from 2.99 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.11 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LAAC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LAAC is down. |
| ChartMill Relative Strength | 8.6 | NEGATIVE | LAAC has a low relative strength, it was outperformed by 91.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LAAC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LAAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LAAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.53 | NEUTRAL | The RSI value for LAAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LAAC has a negative trend. |
| Stochastics (14,3) | 18.94 | OVERSOLD | The low Stochastics value suggests LAAC may be oversold. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for LAAC suggests high volalility. |
| Average Directional Index/ADX (14) | 10.4 | NEGATIVE | The low ADX value for LAAC suggests a weak or negative trend. |
2.74
-0.05 (-1.79%)
LITHIUM AMERICAS ARGENTINA C / LAAC FAQ
What is the technical rating for LAAC stock?
ChartMill assigns a technical rating of 1 / 10 to LAAC.
Can you provide the trend direction for LITHIUM AMERICAS ARGENTINA C?
The current trend direction for LITHIUM AMERICAS ARGENTINA C (LAAC) is Bearish.
What is the RSI signal for LITHIUM AMERICAS ARGENTINA C (LAAC) stock?
LITHIUM AMERICAS ARGENTINA C (LAAC) has an RSI value of 41.5318. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for LITHIUM AMERICAS ARGENTINA C?
The buy/sell signal for LITHIUM AMERICAS ARGENTINA C (LAAC) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for LITHIUM AMERICAS ARGENTINA C (LAAC) stock?
LITHIUM AMERICAS ARGENTINA C (LAAC) has a support level at 2.71 and a resistance level at 2.94. Check the full technical report for our detailed analysis of LAAC support and resistance levels.