LITHIUM AMERICAS ARGENTINA C (LAAC) Stock Technical Analysis
NYSE:LAAC - New York Stock Exchange, Inc. - CA53681K1003 - Common Stock - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than LAAC.
LAAC is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 90% are performing better than LAAC.
LAAC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LAAC is lagging the market.
LAAC has an average volume of 1179890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month LAAC has a been trading in the 2.59 - 3.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LAAC has a poor technical rating and the quality of the setup is also only medium 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
3.14
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.
We can see 3 important resistance 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.74
-0.05 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.79%
1 Week-8.36%
2 Weeks-8.05%
1 Month1.86%
3 Month-21.71%
6 Month-11.9%
12 Month-41.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%5.5%
ATR Inc3.92%
Range Today0.2
ADR(20)0.14
ADR(20)%5.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.6
Mansfield-3.37
10 Day High3.08
10 Day Low2.69
20 Day High3.2
20 Day Low2.59
52 Week High5.79
52 Week Low2.07
CS1 End2.71
CR1 Start2.94
Volume & EV
DER(3)-0.32%
DER(5)1.55%
Volume1.46M
Volume Incr6.75%
Vol(5)1.22M
Vol(50)1.18M