SNOW LAKE RESOURCES LTD (LITM) Stock Technical Analysis
NASDAQ:LITM - Nasdaq - CA83336J2083 - Common Stock
Taking everything into account, LITM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, LITM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
LITM is one of the better performing stocks in the Metals & Mining industry, it outperforms 96% of 154 stocks in the same industry.
LITM has an average volume of 43910900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LITM did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
LITM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LITM is lagging the market.
In the last month LITM has a been trading in the 0.28 - 1.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although LITM has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.83
1.57
We found 1 important support area.
- A support zone ranging from 0.84 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.90 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.55 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.95
Mansfield2.13
10 Day High1.09
10 Day Low0.62
20 Day High1.88
20 Day Low0.28
52 Week High1.88
52 Week Low0.15
Performance
1 Week31.08%
2 Weeks-5.23%
1 Month386.28%
3 Month190.53%
6 Month21.9%
12 Month-19.83%
2 Year-62.45%
3 Year-82.24%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)56.95
LBB0.5
UBB1.33
SNOW LAKE RESOURCES LTD
NASDAQ:LITM (1/17/2025, 8:12:35 PM)
After market: 0.8901 +0 (+0.02%)0.8899
+0.01 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.11%
1 Week31.08%
2 Weeks-5.23%
1 Month386.28%
3 Month190.53%
6 Month21.9%
12 Month-19.83%
2 Year-62.45%
3 Year-82.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%36.09%
ATR Inc-68%
Range Today0.1
ADR(20)0.26
ADR(20)%28.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.95
Mansfield2.13
10 Day High1.09
10 Day Low0.62
20 Day High1.88
20 Day Low0.28
52 Week High1.88
52 Week Low0.15
CS1 End0.84
CR1 Start0.9
Volume & EV
DER(3)-1.78%
DER(5)-0.43%
Volume5.81M
Volume Incr-69.78%
Vol(5)30.25M
Vol(50)43.91M