Technical Analysis for LIT - Global X Lithium ETF

Grade Last Price % Change Price Change
grade F 22.72 -2.61% -0.61
LIT closed down 2.61 percent on Friday, August 23, 2019, on 1.78 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical LIT trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New 52 Week Low Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -2.61%
New Downtrend Bearish -2.61%
Gapped Down Weakness -2.61%
Shooting Star Candlestick Bearish -5.37%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -5.37%

Older signals for LIT ...

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Profile
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. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure broad based equity market performance of global companies involved in the lithium industry. The fund is non-diversified.
Exchange Traded Fund Index Fund
Is LIT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 33.79
52 Week Low 22.7
Average Volume 138,336
200-Day Moving Average 27.6599
50-Day Moving Average 25.3874
20-Day Moving Average 24.369
10-Day Moving Average 23.744
Average True Range 0.488
ADX 26.65
+DI 16.8877
-DI 46.3531
Chandelier Exit (Long, 3 ATRs ) 24.916
Chandelier Exit (Short, 3 ATRs ) 24.164
Upper Bollinger Band 26.1299
Lower Bollinger Band 22.6081
Percent B (%b) 0.03
BandWidth 14.451968
MACD Line -0.6381
MACD Signal Line -0.5363
MACD Histogram -0.1018
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.59
Resistance 3 (R3) 23.68 23.48 23.45
Resistance 2 (R2) 23.48 23.26 23.44 23.40
Resistance 1 (R1) 23.10 23.12 23.00 23.01 23.35
Pivot Point 22.90 22.90 22.85 22.86 22.90
Support 1 (S1) 22.52 22.68 22.42 22.43 22.09
Support 2 (S2) 22.32 22.54 22.28 22.04
Support 3 (S3) 21.94 22.32 22.00
Support 4 (S4) 21.85