SPROTT LITHIUM MINERS ETF (LITP) Stock Technical Analysis
NASDAQ:LITP - Nasdaq - US85208P7096 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to LITP. LITP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
87% of all other stocks performed better in the past year than LITP.
LITP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LITP is lagging the market.
Warning: LITP has an average volume of 12198 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month LITP has a been trading in the 5.06 - 5.90 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is bad, LITP does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for LITP 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
5.01
6.02
3 important support areas can be observed.
- A support zone ranging from 5.48 to 5.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.16 from a trend line in the daily time frame.
- A support zone ranging from 5.06 to 5.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.74 to 5.83. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @5.96 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 | DOWN | NEGATIVE | The long term trend for LITP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LITP is neutral. |
| ChartMill Relative Strength | 13.88 | NEGATIVE | LITP has a low relative strength, it was outperformed by 86.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LITP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LITP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LITP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.55 | NEUTRAL | The RSI value for LITP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LITP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.13 | NEUTRAL | The Stochastics value for LITP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for LITP suggests some volalility. |
| Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for LITP 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)
NASDAQ:LITP (6/13/2025, 8:17:52 PM)
5.67
-0.05 (-0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.87%
1 Week1.98%
2 Weeks7.18%
1 Month-3.16%
3 Month-10%
6 Month-21.25%
12 Month-33.14%
2 Year-69.89%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%3.11%
ATR Inc16.79%
Range Today0.24
ADR(20)0.15
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.88
Mansfield-2.22
10 Day High5.9
10 Day Low5.06
20 Day High5.9
20 Day Low5.06
52 Week High9.11
52 Week Low4.63
CS1 End5.55
CR1 Start5.74
Volume & EV
DER(3)1.74%
DER(5)3.72%
Volume7.90K
Volume Incr0.88%
Vol(5)10.32K
Vol(50)12.20K