Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Crisis has become an opportunity for beaten-down lithium stocks. For one, according to Exxon Mobil (NYSE:XOM), “the world urgently needs more lithium than it’s producing today.” Two, we’re just starting to see electric vehicle sales bounce back. In fact, according to Kelley Blue Book, about 330,460 EVs were sold in the U.S. just in the second quarter. With those numbers likely to increase even more, far more lithium will be needed. InvestorPlace - Stock Market News, Stock Advice & Trading Tips I
With growing demand for all things green, it’s time to buy the weakness in lithium stocks. Exxon Mobil (NYSE:XOM), for example, just said lithium demand will grow. “What we’re seeing right now in lithium is the sentiment is bearish, says Exxon’s lithium global business manager, Patrick Howarth, as quoted by Bloomberg. “But underlying that is a demand growth story for EVs and the lithium-ion batteries that go into EVs. We know the world urgently needs more lithium than it’s producing today.” With
Electric vehicle (EV) companies, for the most part, are still reeling from a broader slump in the market. Some EV makers have seen their sales decline and others their margins. Ever since the U.S. Federal Reserve decided to raise interest rates in order to combat rising inflation, new car buyers have struggled to take on increasingly expensive car notes. In turn, EV companies, including Tesla (NASDAQ:TSLA), BYD (OTCMKTS:BYDDY) and many others have had to resort to discounts to entice new custome
As the world accelerates toward a greener future, lithium has become a cornerstone of the burgeoning electric vehicle (EV) market and large-scale battery storage solutions. With global EV sales surging and governments worldwide instituting aggressive carbon reduction goals, the demand for lithium is expected to skyrocket, making lithium stocks a compelling investment choice for forward-thinking investors. The current downturn in lithium prices reflects broader economic trends. However, as the EV
Key Insights Using the 2 Stage Free Cash Flow to Equity, Sociedad Química y Minera de Chile fair value estimate is...
We recently compiled a list of the 6 Wealthiest People in Chile and in this article, we will look at the richest person in Chile. An Outlook of the Chilean Economy The Chilean economy has suffered the repercussions of the pandemic which led to a sharp economic downturn in 2023, resulting in soaring consumer prices, […]
Despite the soaring demand for lithium driven by the electric vehicle revolution, not every player in the lithium mining sector is set to benefit. As the market continues to expand, several lithium mining companies are encountering significant hurdles that may hinder their performance. The expected demand for lithium has led to an oversupply, which has led to a decline in lithium price. In the first quarter of 2024, lithium prices remained subdued, significantly lower than the peaks of 2022 and
The best lithium stocks to buy this year should benefit from China’s ambitious goals in electric vehicle (EV) adoption. That’s because its goals require vast amounts of lithium for battery manufacturing. Despite short-term economic fluctuations, China’s demand for lithium could continue to surge as it aims for 60% of new vehicle sales to be electric by 2035. The electric vehicle (EV) market is experiencing significant growth, with approximately 18% of new car sales in 2023 being electric. The de
If you are looking for the most undervalued lithium stocks to buy now, you’ve come to the right place. These companies represent the best deals in the market, trading at attractive valuations and having promising outlooks for the future. I chose these lithium stocks to buy due to their robust competitive advantages and wide moats in the industry. They have established themselves as low-cost producers, leveraging economies of scale and favorable mineral deposit locations. Their operational streng
We recently compiled a list of the 10 Best Lithium and Battery Stocks to Buy Now. In this article, we are going to take a look at where Sociedad Química y Minera de Chile S.A. (NYSE:SQM) stands against the other lithium and battery stocks. The pivotal role that lithium is playing in the market of […]