Technical Analysis for LAC - Lithium Americas Corp.

Grade Last Price % Change Price Change
D 6.450 0.62% 0.040
LAC closed down 30.02 percent on Thursday, April 18, 2024, on 4.03 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.62%
New Downtrend Bearish 0.62%
Volume Surge Other 0.62%
NR7 Range Contraction 0.62%
Narrow Range Bar Range Contraction 0.62%
Stochastic Reached Oversold Weakness 0.62%
Wide Bands Range Expansion 0.62%
Below Lower BB Weakness 0.62%
Gapped Down Weakness 0.62%
Oversold Stochastic Weakness 0.62%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 2 hours ago
3x Volume Pace about 6 hours ago
2x Volume Pace about 6 hours ago
Up 5% about 6 hours ago
Up 3% about 6 hours ago

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Profile

Lithium Americas Corp. Description

Lithium Americas Corp., formerly Western Lithium USA Corp., is a resource company. The Company is focused on development of two lithium development projects: the Cauchari-Olaroz project, which is located in Jujuy province of Argentina and the Lithium Nevada project, which is located in north-western Nevada, the United States. Its segments are Organoclay, Lithium Nevada, Cauchari-Olaroz and Corporate. Its geographical segments are Canada, the United States, Germany and Argentina. The Cauchari-Olaroz project is a lithium brine mineral project. The Lithium Nevada project is a smectite clay-based lithium project. In addition, its plant facility located in Fernley, Nevada, is constructed to manufacture specialty organoclay products (Hectatone products), derived from hectorite and other clays. Hectatone specialty organoclay products, derived from its hectorite clay and other clays, are used by oil and gas industry as specialty viscosifier additives for drilling fluids and in other sectors.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mineral Chemistry Physical Sciences Oil Natural Sciences Oil And Gas Lithium Drilling Brine Oil And Gas Industry Advantage Lithium Drilling Fluid Cauchari

Is LAC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 31.34
52 Week Low 5.17
Average Volume 731,586
200-Day Moving Average 13.972
50-Day Moving Average 7.693
20-Day Moving Average 9.183
10-Day Moving Average 9.121
Average True Range 0.784
RSI (14) 31.97
ADX 41.72
+DI 24.125
-DI 36.523
Chandelier Exit (Long, 3 ATRs) 8.237
Chandelier Exit (Short, 3 ATRs) 8.753
Upper Bollinger Bands 10.603
Lower Bollinger Band 7.763
Percent B (%b) -0.48
BandWidth 30.918
MACD Line 0.173
MACD Signal Line 0.477
MACD Histogram -0.3038
Fundamentals Value
Market Cap 675.72 Million
Num Shares 105 Million
EPS 0.47
Price-to-Earnings (P/E) Ratio 13.76
Price-to-Sales 89.16
Price-to-Book 11.90
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.920
Resistance 3 (R3) 6.973 6.857 6.835
Resistance 2 (R2) 6.857 6.727 6.830 6.807
Resistance 1 (R1) 6.633 6.647 6.575 6.580 6.778
Pivot Point 6.517 6.517 6.488 6.490 6.517
Support 1 (S1) 6.293 6.387 6.235 6.240 6.042
Support 2 (S2) 6.177 6.307 6.150 6.013
Support 3 (S3) 5.953 6.177 5.985
Support 4 (S4) 5.900