LITP in upward trend: price may ascend as a result of having broken its lower Bollinger Band on February 03, 2025
LITP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 16 cases where LITP's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LITP advanced for three days, in of 88 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on LITP as a result. In of 30 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for LITP turned negative on February 19, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 16 similar instances when the indicator turned negative. In of the 16 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LITP 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 LITP entered a downward trend on February 21, 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
LITP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, LITP has been closely correlated with BATT. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if LITP jumps, then BATT could also see price increases.
| Ticker / NAME | Correlation To LITP | 1D Price Change % | ||
|---|---|---|---|---|
| LITP | 100% | -2.56% | ||
| BATT - LITP | 82% Closely correlated | -1.52% | ||
| GUNR - LITP | 61% Loosely correlated | -1.49% | ||
| COPX - LITP | 59% Loosely correlated | -4.50% | ||
| GNR - LITP | 59% Loosely correlated | -1.91% | ||
| VAW - LITP | 57% Loosely correlated | -1.93% | ||
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