Taking everything into account, LITP scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, LITP also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.98
3 important support areas can be observed.
- Support @11.45 from a horizontal line in the daily time frame.
- A support zone ranging from 10.50 to 10.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.08 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.54 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 | UP | POSITIVE | The long term trend for LITP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LITP is neutral. |
| ChartMill Relative Strength | 94.2 | POSITIVE | LITP has a high relative strength, it outperformed 94.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LITP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LITP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LITP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.29 | NEUTRAL | The RSI value for LITP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests LITP has a negative trend. |
| Stochastics (14,3) | 42.51 | NEUTRAL | The Stochastics value for LITP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for LITP suggests some volalility. |
| Average Directional Index/ADX (14) | 21.96 | NEUTRAL | The ADX value for LITP suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.04 | 11.44 | 0.60 (4.99%) | 20.02% |
| An entry @12.04. This is a Buy Stop order right above the 10 day moving average. | An exit @11.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.60 points, which is 4.99%. | For a 1.00% total portfolio risk, you can invest 20.02% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LITP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:LITP (12/19/2025, 8:00:02 PM)
11.6804
+0.23 (+1.97%)
SPROTT LITHIUM MINERS ETF / LITP FAQ
Can you provide the ChartMill technical rating for SPROTT LITHIUM MINERS ETF?
ChartMill assigns a technical rating of 8 / 10 to LITP.
What is the trend direction for LITP stock?
The current trend direction for SPROTT LITHIUM MINERS ETF (LITP) is Bullish.
What is the RSI signal for SPROTT LITHIUM MINERS ETF (LITP) stock?
SPROTT LITHIUM MINERS ETF (LITP) has an RSI value of 51.2915. This indicates that the stock is currently neutral.
What is the short term momentum for LITP stock?
The short term momentum for SPROTT LITHIUM MINERS ETF (LITP) is neutral.
What is the support and resistance level for LITP stock?
SPROTT LITHIUM MINERS ETF (LITP) has a support level at 11.45 and a resistance level at 12.54. Check the full technical report for our detailed analysis of LITP support and resistance levels.