Overall LITM gets a technical rating of 3 out of 10. In the past year, LITM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, LITM is a bad performer in the overall market: 92% of all stocks are doing better.
- LITM is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 89% are performing better than LITM.
- LITM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month LITM has a been trading in the 2.94 - 4.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
LITM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for LITM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.55
When analyzing the support we can see 4 important areas.
- Support @3.28 from a horizontal line in the weekly time frame.
- Support @3.22 from a trend line in the daily time frame.
- Support @3.16 from a horizontal line in the daily time frame.
- Support @2.58 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.51 to 3.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.68 from a horizontal line in the weekly time frame.
- Resistance @4.04 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for LITM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LITM is neutral. |
| ChartMill Relative Strength | 8.23 | NEGATIVE | LITM has a low relative strength, it was outperformed by 91.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LITM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LITM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LITM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.28 | NEUTRAL | The RSI value for LITM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LITM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.09 | NEUTRAL | The Stochastics value for LITM is a neutral value. |
| Average True Range in percent/ATR (20) | 9.63 | HIGH VOLATILITY | The high ATR as a percentage value for LITM suggests high volalility. |
| Average Directional Index/ADX (14) | 10.4 | NEGATIVE | The low ADX value for LITM suggests a weak or negative trend. |
NASDAQ:LITM (1/30/2026, 12:12:47 PM)
3.3
-0.22 (-6.25%)
SNOW LAKE RESOURCES LTD / LITM FAQ
What is the technical rating for LITM stock?
ChartMill assigns a technical rating of 3 / 10 to LITM.
What is the current trend direction of SNOW LAKE RESOURCES LTD (LITM) stock?
The current trend direction for SNOW LAKE RESOURCES LTD (LITM) is Bearish.
What is the RSI signal for LITM stock?
SNOW LAKE RESOURCES LTD (LITM) has an RSI value of 50.2835. This indicates that the stock is currently neutral.
What is the MACD signal for SNOW LAKE RESOURCES LTD (LITM) stock?
The MACD indicator for SNOW LAKE RESOURCES LTD (LITM) has a value of -0.00544542, indicating a bearish trend.
Can you provide the support and resistance levels for SNOW LAKE RESOURCES LTD?
SNOW LAKE RESOURCES LTD (LITM) has a support level at 3.28 and a resistance level at 3.68. Check the full technical report for our detailed analysis of LITM support and resistance levels.