LITHIUM AMERICAS CORP (LAC) Technical Analysis
NYSE:LAC • CA53681J1030
Current stock price
LAC Technical Rating and Analysis
Taking everything into account, LAC scores 1 out of 10 in our technical rating. LAC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- LAC is one of the lesser performing stocks in the Metals & Mining industry. 61% of 158 stocks in the same industry do better.
- LAC 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 LAC is lagging the market.
- In the last month LAC has a been trading in the 3.66 - 5.13 range, which is quite wide. It is currently trading near the lows of this range.
- LAC has an average volume of 11919000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, LAC did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Considerably lower volume is observed in the last couple of days.
LAC Weekly and Daily overview Charts
LAC Setup Rating and Analysis
The technical rating of LAC is bad and it also does not present a quality setup 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
LAC Support and Resistance Analysis
2.80
We found 2 important support areas.
- A support zone ranging from 3.70 to 3.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.06 to 4.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.14 from a trend line in the daily time frame.
- Resistance @4.98 from a trend line in the weekly time frame.
LAC Technical Indicator Signal Analysis
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 LAC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LAC is down. |
| ChartMill Relative Strength | 78.42 | POSITIVE | LAC has a high relative strength, it outperformed 78.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LAC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.19 | NEUTRAL | The RSI value for LAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.43 | NEUTRAL | The Stochastics value for LAC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for LAC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.93 | POSITIVE | The high ADX value value for LAC suggests a strong trend. |
LAC Chart- and CandleStick Pattern Analysis
LAC Technicals: Chart, Performance Metrics, Trend & Indicators
3.9
+0.02 (+0.52%)
LITHIUM AMERICAS CORP / LAC TA FAQ
Can you provide the ChartMill technical rating for LITHIUM AMERICAS CORP?
ChartMill assigns a technical rating of 1 / 10 to LAC.
What is the current trend direction of LITHIUM AMERICAS CORP (LAC) stock?
The current trend direction for LITHIUM AMERICAS CORP (LAC) is Bearish.
What is the RSI signal for LAC stock?
LITHIUM AMERICAS CORP (LAC) has an RSI value of 36.1934. This indicates that the stock is currently neutral.
What is the MACD signal for LAC stock?
The MACD indicator for LITHIUM AMERICAS CORP (LAC) has a value of -0.0363817, indicating a bearish trend.
Can you provide the short term momentum for LITHIUM AMERICAS CORP?
The short term momentum for LITHIUM AMERICAS CORP (LAC) is negative.