Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Global X Lithium & Battery Tech ETF (PACF:LIT)
Sidelines Mode (+55) - LIT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for LIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for LIT
The long-term trend has been DOWN since Aug 15th, 2023 at 58.7200
The intermediate-term trend has been UP since May 6th, 2024 at 46.4600
The short-term trend has been DOWN since May 8th, 2024 at 45.8485
Smart Scan Analysis for LIT
Based on our trend formula, LIT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.200 | 45.580 | 45.075 | 45.560 | -0.510 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.070 | 205922 | 2024-05-08 15:59:35 |
| Year High | 41.21 | Year High Date | 2018-01-16 |
| Year Low | 28.83 | Year Low Date | 2018-10-29 |
| 52wk High | 69.09 | 52wk High Date | 2023-07-13 |
| 52wk Low | 39.26 | 52wk Low Date | 2024-02-05 |
| Year End Close | 14.36 | Average Volume | 429,440 |
| Shares Outstanding | 41,125 | Assets | 667M |
| Volatility | 27.36 |