LITHIUM ARGENTINA AG (LAR) Stock Technical Analysis
NYSE:LAR - New York Stock Exchange, Inc. - CH1403212751 - Common Stock - Currency: USD
Overall LAR gets a technical rating of 6 out of 10. In the last year, LAR was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, LAR is a bad performer in the overall market: 100% of all stocks are doing better.
LAR is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 96% are performing better than LAR.
The long and short term trends are both positive. This is looking good!
In the last month LAR has a been trading in the 1.91 - 2.54 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
LAR has an average volume of 1028400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LAR has an average technical rating and it also does not offer a high 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
1.74
2.56
2 important support areas can be observed.
- A support zone ranging from 2.07 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.76 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.53 to 2.53. 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 LAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LAR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | LAR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LAR is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 74.06 | OVERBOUGHT | The high RSI value suggests LAR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LAR has a positive trend. |
| Stochastics (14,3) | 88.36 | OVERBOUGHT | The high Stochastics value suggests LAR may be overbought. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for LAR suggests high volalility. |
| Average Directional Index/ADX (14) | 32.25 | POSITIVE | The high ADX value value for LAR suggests a strong 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)
2.52
+0.09 (+3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.7%
1 Week8.62%
2 Weeks18.31%
1 Month25.37%
3 Month21.15%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%5.07%
ATR Inc40.01%
Range Today0.15
ADR(20)0.13
ADR(20)%5.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.54
10 Day Low2.03
20 Day High2.54
20 Day Low1.91
52 Week HighN/A
52 Week LowN/A
CS1 End2.09
CR1 Start2.53
Volume & EV
DER(3)3.99%
DER(5)3.53%
Volume1.35M
Volume Incr53.29%
Vol(5)1.56M
Vol(50)1.03M