LITHIUM AMERICAS CORP (LAC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LAC - CA53681J1030 - Common Stock
We assign a technical rating of 0 out of 10 to LAC. LAC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
LAC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.40, a Stop Loss order could be placed below this zone.
More info and screens
2.53
4 important support areas can be observed.
- A support zone ranging from 4.40 to 4.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.84 from a trend line in the daily time frame.
- Support @2.74 from a trend line in the weekly time frame.
- Support @2.56 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.89 to 4.96. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for LAC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LAC is down. |
| ChartMill Relative Strength | 28.87 | NEGATIVE | LAC has a low relative strength, it was outperformed by 71.13% 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 | POSITIVE | The current price of LAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.83 | NEUTRAL | The RSI value for LAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LAC has a negative trend. |
| Stochastics (14,3) | 9.67 | OVERSOLD | The low Stochastics value suggests LAC may be oversold. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for LAC suggests high volalility. |
| Average Directional Index/ADX (14) | 9.63 | NEGATIVE | The low ADX value for LAC suggests a weak or negative trend. |
4.41
-0.11 (-2.43%)
LITHIUM AMERICAS CORP / LAC FAQ
Can you provide the ChartMill technical rating for LITHIUM AMERICAS CORP?
ChartMill assigns a technical rating of 0 / 10 to LAC.
Can you provide the trend direction for LITHIUM AMERICAS CORP?
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 37.8282. 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 4.4 and a resistance level at 4.89. Check the full technical report for our detailed analysis of LAC support and resistance levels.