LITHIUM AMERICAS CORP (LAC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LAC - CA53681J1030 - Common Stock
5.12 USD
-0.21 (-3.94%)
5.12 USD
0 (0%)
Overall LAC gets a technical rating of 6 out of 10. In the last year, LAC was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
LAC has an average volume of 34595300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that LAC is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this relatively good performance is mostly due to a recent big move.
LAC is an average performer in the Metals & Mining industry, it outperforms 58% of 155 stocks in the same industry.
LAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LAC is lagging the market.
In the last month LAC has a been trading in the 4.33 - 5.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, LAC does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
2.53
5.70
5 important support areas can be observed.
- Support @4.97 from a trend line in the weekly time frame.
- A support zone ranging from 4.45 to 4.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.79 to 2.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.72 from a trend line in the weekly time frame.
- Support @2.56 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.13 to 5.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.64 to 5.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for LAC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LAC is neutral. |
| ChartMill Relative Strength | 95.03 | POSITIVE | LAC has a high relative strength, it outperformed 95.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LAC is below the rising 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 | POSITIVE | The current price of LAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.88 | NEUTRAL | The RSI value for LAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.09 | NEUTRAL | The Stochastics value for LAC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.18 | HIGH VOLATILITY | The high ATR as a percentage value for LAC suggests high volalility. |
| Average Directional Index/ADX (14) | 9.46 | NEGATIVE | The low ADX value for LAC 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)
5.12
-0.21 (-3.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.94%
1 Week-3.94%
2 Weeks-9.06%
1 Month11.3%
3 Month79.02%
6 Month93.21%
12 Month57.54%
2 Year-20%
3 Year-72.98%
5 Year-59.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%7.18%
ATR Inc11.1%
Range Today0.42
ADR(20)0.35
ADR(20)%6.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.03
3 months CRS97.88
6 months CRS95.44
Mansfield2.93
10 Day High5.61
10 Day Low4.98
20 Day High5.63
20 Day Low4.33
52 Week High10.52
52 Week Low2.31
CS1 End4.97
CR1 Start5.13
Volume & EV
DER(3)-2.49%
DER(5)-2%
Volume11.07M
Volume Incr-35.7%
Vol(5)10.38M
Vol(50)34.60M
LITHIUM AMERICAS CORP / LAC FAQ
Can you provide the ChartMill technical rating for LITHIUM AMERICAS CORP?
ChartMill assigns a technical rating of 6 / 10 to LAC.
Can you provide the trend direction for LITHIUM AMERICAS CORP?
The current trend direction for LITHIUM AMERICAS CORP (LAC) is Bullish.
What is the RSI signal for LAC stock?
LITHIUM AMERICAS CORP (LAC) has an RSI value of 46.8777. This indicates that the stock is currently neutral.
What are the support and resistance levels for LITHIUM AMERICAS CORP (LAC) stock?
LITHIUM AMERICAS CORP (LAC) has a support level at 4.97 and a resistance level at 5.13. Check the full technical report for our detailed analysis of LAC support and resistance levels.