SNOW LAKE RESOURCES LTD (LITM) Stock Technical Analysis
NASDAQ:LITM - Nasdaq - CA83336J2083 - Common Stock - Currency: USD
Taking everything into account, LITM scores 0 out of 10 in our technical rating. LITM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than LITM.
LITM is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 94% are performing better than LITM.
LITM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LITM is lagging the market.
In the last month LITM has a been trading in the 3.31 - 6.16 range, which is quite wide. It is currently trading near the lows of this range.
LITM has an average volume of 9338820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
LITM has a poor technical rating and the quality of the setup is also only medium 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
3.59
4.71
We found 1 important support area.
- A support zone ranging from 3.63 to 3.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.75 to 3.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.92 from a horizontal line in the daily time frame.
- Resistance @4.66 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.83
Mansfield-4.68
10 Day High4.37
10 Day Low3.47
20 Day High6.16
20 Day Low3.31
52 Week High24.44
52 Week Low1.98
Performance
1 Week-6.65%
2 Weeks-4.95%
1 Month-26.02%
3 Month-38.13%
6 Month33.76%
12 Month-66.21%
2 Year-89.12%
3 Year-91.49%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)35.97
LBB3.6
UBB3.93
3.65
-0.12 (-3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.18%
1 Week-6.65%
2 Weeks-4.95%
1 Month-26.02%
3 Month-38.13%
6 Month33.76%
12 Month-66.21%
2 Year-89.12%
3 Year-91.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%14.14%
ATR Inc-43.64%
Range Today0.24
ADR(20)0.46
ADR(20)%12.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.83
Mansfield-4.68
10 Day High4.37
10 Day Low3.47
20 Day High6.16
20 Day Low3.31
52 Week High24.44
52 Week Low1.98
CS1 End3.64
CR1 Start3.75
Volume & EV
DER(3)2.65%
DER(5)1.21%
Volume151.80K
Volume Incr-93.78%
Vol(5)157.42K
Vol(50)9.34M