Lithium Americas Corp. (NYSE:LAC) Dropped -2.5% – Here’s Why

In its most recent trading session, Lithium Americas Corp. (NYSE:LAC) dropped by -2.5% – here is what that looked like (as of 2019-12-24):

Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.082, an Accumulation/Distribution Index (ADI) of 0.082, an On-Balance Volume (OBV) of 13.01, and a Chaiikin Money Flow (CMF) of 3.26. 1.519

Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Lithium Americas Corp. (NYSE:LAC). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.