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 2 out of 10. LAR performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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 one of the lesser performing stocks in the Metals & Mining industry. 96% of 155 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month LAR has a been trading in the 1.71 - 2.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of LAR is bad and it also does not present a 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
1.71
2.16
We found 3 important support areas.
- A support zone ranging from 1.87 to 1.89. 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.
- A support zone ranging from 1.73 to 1.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.99 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.13 to 2.14. 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 | NEUTRAL | NEUTRAL | The short term trend for LAR is neutral. |
| 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) | DOWN | MIXED | The current price of LAR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LAR is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.62 | NEUTRAL | The RSI value for LAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LAR has a positive trend. |
| Stochastics (14,3) | 83.06 | OVERBOUGHT | The high Stochastics value suggests LAR may be overbought. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for LAR suggests high volalility. |
| Average Directional Index/ADX (14) | 17.03 | NEGATIVE | The low ADX value for LAR 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)
1.96
-0.02 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.01%
1 Week4.26%
2 Weeks8.89%
1 Month-7.11%
3 Month-12.11%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.09%
ATR Inc-40.65%
Range Today0.07
ADR(20)0.1
ADR(20)%4.98%
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 High2.02
10 Day Low1.71
20 Day High2.13
20 Day Low1.71
52 Week HighN/A
52 Week LowN/A
CS1 End1.89
CR1 Start1.99
Volume & EV
DER(3)-3.77%
DER(5)3.16%
Volume565.00K
Volume Incr-27.63%
Vol(5)739.60K
Vol(50)864.11K