SPROTT LITHIUM MINERS ETF (LITP) Stock Technical Analysis
NASDAQ:LITP - Nasdaq - US85208P7096 - ETF - Currency: USD
Overall LITP gets a technical rating of 0 out of 10. LITP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, LITP is a bad performer in the overall market: 89% of all stocks are doing better.
LITP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month LITP has a been trading in the 6.43 - 7.12 range, which is quite wide. It is currently trading near the lows of this range.
Warning: LITP has an average volume of 9154 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, LITP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
6.42
7.50
When analyzing the resistance we notice 4 important areas.
- Resistance @6.49 from a trend line in the daily time frame.
- A resistance zone ranging from 6.63 to 6.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.86 to 7.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.38 to 7.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.38
Mansfield-2.81
10 Day High6.88
10 Day Low6.43
20 Day High7.12
20 Day Low6.43
52 Week High11.18
52 Week Low6.11
Performance
1 Week-5.4%
2 Weeks-4.42%
1 Month-8.54%
3 Month-22.4%
6 Month-12.43%
12 Month-30.07%
2 Year-63.36%
3 YearN/A
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
RSI(14)40.3
LBB6.42
UBB6.9
NASDAQ:LITP (2/21/2025, 8:00:02 PM)
6.48
-0.17 (-2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.56%
1 Week-5.4%
2 Weeks-4.42%
1 Month-8.54%
3 Month-22.4%
6 Month-12.43%
12 Month-30.07%
2 Year-63.36%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.88%
ATR Inc-11.1%
Range Today0.2
ADR(20)0.16
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.38
Mansfield-2.81
10 Day High6.88
10 Day Low6.43
20 Day High7.12
20 Day Low6.43
52 Week High11.18
52 Week Low6.11
CS1 EndN/A
CR1 Start6.49
Volume & EV
DER(3)-13.57%
DER(5)-7.18%
Volume2.60K
Volume Incr-7.04%
Vol(5)7.26K
Vol(50)9.15K