LIT Global X Lithium & Battery Tech ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index... Show more
LIT in +2.48% Uptrend, advancing for three consecutive days on May 09, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where LIT advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where LIT's RSI Oscillator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on LIT as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for LIT just turned positive on April 21, 2025. Looking at past instances where LIT's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
LIT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 50-day moving average for LIT moved below the 200-day moving average on April 03, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LIT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for LIT entered a downward trend on April 17, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category NaturalResources
LIT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, LIT has been closely correlated with BATT. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if LIT jumps, then BATT could also see price increases.
| Ticker / NAME | Correlation To LIT | 1D Price Change % | ||
|---|---|---|---|---|
| LIT | 100% | +0.64% | ||
| BATT - LIT | 90% Closely correlated | +1.20% | ||
| DMAT - LIT | 81% Closely correlated | -0.23% | ||
| MXI - LIT | 73% Closely correlated | +0.68% | ||
| PICK - LIT | 73% Closely correlated | +0.56% | ||
| TINT - LIT | 72% Closely correlated | N/A | ||
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