From open today, shares of Lithium Australia NL (OTC:$LMMFF) saw volatility of 0.00% or a move of $0.00 on price. Most recently, 225,049 shares have traded hands and the price has remained at $0.125.
Both fundamental analysis and technical analysis are useful when looking at an investment. Some investors may even prefer a combination of the two techniques to chart patterns and discover price movement trends. For fundamentals, investors may focus on earnings estimates, industry performance, dividend payouts and other factors. Other topics of interest may include figuring out the value of a firm or how a company is run. Despite the overwhelming tide of information, when it comes to your portfolio, knowledge is power.
The Relative Strength Index – or RSI – is an indicator that measures technical momentum by comparing price movement over time. The RSI, developed by J. Welles Wilder in order to measure whether stocks were overbought or oversold, can be useful for spotting price activity and volatility. The scale runs from 0 to 100 with a normal stock reading between 30 and 70. Stocks above 70 are implied to be overbought, whereas stocks below 30 may be oversold and possibly undervalued. Over the past 3 days, the RSI for Lithium Australia is 11.40. Over the past 7 days, it is at 39.34. Over the past 14 days, the RSI say at 48.63.
Lithium Australia currently holds a Williams Percent Range of -60 over the last 14 days. The Williams Percent Range, developed by Larry Williams, goes from 0 to -100, with a rating of -80 to -100 indicating a stock is oversold and a reading of 0 to -20 indicating a stock may be overbought. It is technically the Fast Stochastic Oscillator reversed.
The Average Directional Index – or ADX – is a system developed by J. Welles Wilder in the late 1970’s. The ADX is generally used in correlation with the Plus Directional Indicator – or +DI – and the Minus Directional Indicator – or -DI – to help spot trends and determine trend strength. Many technical analysts would ratings under 20 indicate no trend, 20-25 indicate a trend, and ratings of 25 and above suggest a strong trend. Lithium Australia currently holds a 14-day ADX of 42.38.
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