LITHIUM AMERICAS CORP (LAC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LAC - CA53681J1030 - Common Stock
We assign a technical rating of 5 out of 10 to LAC. In the last year, LAC was one of the better performers, but we do observe some doubts in the very recent evolution.
LAC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.04. Right above this resistance zone may be a good entry point.
More info and screens
2.53
We found 5 important support areas.
- Support @4.64 from a trend line in the daily 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 2.77 to 2.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.70 from a trend line in the weekly time frame.
- Support @2.56 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.04 to 5.13. 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 | UP | POSITIVE | The long term trend for LAC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LAC is down. |
| ChartMill Relative Strength | 93.63 | POSITIVE | LAC has a high relative strength, it outperformed 93.63% 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) | UP | MIXED | The current price of LAC is below the rising 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) | 42.23 | NEUTRAL | The RSI value for LAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LAC has a positive trend. |
| Stochastics (14,3) | 46.66 | NEUTRAL | The Stochastics value for LAC is a neutral value. |
| Average True Range in percent/ATR (20) | 9.03 | HIGH VOLATILITY | The high ATR as a percentage value for LAC suggests high volalility. |
| Average Directional Index/ADX (14) | 18.39 | NEGATIVE | The low ADX value for LAC suggests a weak or negative trend. |
4.74
-0.05 (-1.04%)
LITHIUM AMERICAS CORP / LAC FAQ
Can you provide the ChartMill technical rating for LITHIUM AMERICAS CORP?
ChartMill assigns a technical rating of 5 / 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 42.2253. This indicates that the stock is currently neutral.
What is the buy/sell signal for LITHIUM AMERICAS CORP (LAC) stock?
The buy/sell signal for LITHIUM AMERICAS CORP (LAC) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for LITHIUM AMERICAS CORP (LAC) stock?
LITHIUM AMERICAS CORP (LAC) has a support level at 4.64 and a resistance level at 5.04. Check the full technical report for our detailed analysis of LAC support and resistance levels.