Stock Trend Analysis Report
Prepared for you on Thursday, May 19, 2022.
Global X Lithium & Battery Tech ETF (PACF:LIT)
Crossroads (+60) - LIT is struggling to move into a solid trend. Beware of choppy markets 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 Jan 10th, 2022 at 78.56
The intermediate-term trend has been UP since May 17th, 2022 at 69.63
The short-term trend has been UP since May 13th, 2022 at 67.17
Smart Scan Analysis for LIT
Based on our trend formula, LIT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||41.21||Year High Date||2018-01-16|
|Year Low||28.83||Year Low Date||2018-10-29|
|52wk High||97.13||52wk High Date||2021-11-22|
|52wk Low||60.8||52wk Low Date||2021-05-19|
|Year End Close||14.36||Average Volume||839,428|