LITHIUM ARGENTINA AG (LAR) Technical Analysis
NYSE:LAR • CH1403212751
Current stock price
LAR Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to LAR. In the last year, LAR 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.
- Looking at the yearly performance, LAR did better than 97% of all other stocks. On top of that, LAR also shows a nice and consistent pattern of rising prices.
- LAR is part of the Metals & Mining industry. There are 158 other stocks in this industry. LAR outperforms 92% of them.
- LAR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LAR is performing more or less in line with the market.
- In the last month LAR has a been trading in the 5.64 - 7.66 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 3202990 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 Weekly and Daily overview Charts
LAR Setup Rating and Analysis
Although LAR has an excellent technical rating, it 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
LAR Support and Resistance Analysis
5.80
We found 3 important support areas.
- A support zone ranging from 6.65 to 6.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.97 from a trend line in the daily time frame.
- Support @5.86 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @8.10 from a trend line in the daily time frame.
- A resistance zone ranging from 8.58 to 8.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
LAR 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 | UP | POSITIVE | The long term trend for LAR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LAR is neutral. |
| ChartMill Relative Strength | 97.84 | POSITIVE | LAR has a high relative strength, it outperformed 97.84% 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) | DOWN | MIXED | The current price of LAR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.91 | NEUTRAL | The RSI value for LAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests LAR has a positive trend. |
| Stochastics (14,3) | 76.34 | NEUTRAL | The Stochastics value for LAR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.13 | HIGH VOLATILITY | The high ATR as a percentage value for LAR suggests high volalility. |
| Average Directional Index/ADX (14) | 13.47 | NEGATIVE | The low ADX value for LAR suggests a weak or negative trend. |
LAR Chart- and CandleStick Pattern Analysis
LAR Technicals: Chart, Performance Metrics, Trend & Indicators
7.52
+0.46 (+6.52%)
LITHIUM ARGENTINA AG / LAR TA FAQ
What is the technical rating for LAR stock?
ChartMill assigns a technical rating of 8 / 10 to LAR.
Can you provide the trend direction for LITHIUM ARGENTINA AG?
The current trend direction for LITHIUM ARGENTINA AG (LAR) is Bullish.
What is the RSI signal for LAR stock?
LITHIUM ARGENTINA AG (LAR) has an RSI value of 57.9072. This indicates that the stock is currently neutral.
What is the MACD signal for LAR stock?
The MACD indicator for LITHIUM ARGENTINA AG (LAR) has a value of 0.097591, indicating a bearish trend.
Can you provide the short term momentum for LITHIUM ARGENTINA AG?
The short term momentum for LITHIUM ARGENTINA AG (LAR) is neutral.