RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ALTM
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Red day on Thursday for Arcadium Lithium plc stock after losing 2.71%
(Updated on Mar 28, 2024)

Sell candidate since Mar 14, 2024 Loss -5.07% PDF

The Arcadium Lithium plc stock price fell by -2.71% on the last day (Thursday, 28th Mar 2024) from $4.43 to $4.31. During the last trading day the stock fluctuated 4.06% from a day low at $4.31 to a day high of $4.49. The price has fallen in 6 of the last 10 days and is down by -5.07% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -463 thousand shares and in total, 11 million shares were bought and sold for approximately $46.05 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $2.60 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -26.34% during the next 3 months and, with a 90% probability hold a price between $1.92 and $9.84 at the end of this 3-month period.

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ALTM Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 7.21%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Arcadium Lithium plc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $4.38 and $4.73. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Arcadium Lithium plc stock

Arcadium Lithium plc finds support from accumulated volume at $4.30 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.175 between high and low, or 4.06%. For the last week, the stock has had daily average volatility of 6.80%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ALTM) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Arcadium Lithium plc to open at $4.37, and during the day (based on 14 day Average True Range), to move between $3.99 and $4.63, which gives a possible trading interval of +/-$0.323 (+/-7.49%) up or down from last closing price. If Arcadium Lithium plc takes out the full calculated possible swing range there will be an estimated 14.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4.30 (0.23%) than the resistance at $4.54 (5.34%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Arcadium Lithium plc stock A Buy?

Arcadium Lithium plc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.490 Sell Candidate Unchanged

Predicted Opening Price for Arcadium Lithium plc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$4.37 ( 1.35%) $4.31

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ALTM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.54 5.41 %
R2 4.48 3.86 %
R1 4.44 2.90 %
Current price: 4.31
Support S1 4.30 -0.198 %
S2 4.26 -1.16 %
S3 4.19 -2.71 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.84 12.30 %
R2 4.81 11.60 %
R1 4.54 5.34 %
Current price 4.31
Support S1 4.30 -0.232%
S2 4.24 -1.62%
S3 4.19 -2.78%

ALTM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 02, 2021 Nov 29, 2021 Dec 30, 2021 $1.50 14.56%
2 Aug 03, 2021 Aug 26, 2021 Sep 30, 2021 $1.50 15.61%
3 May 07, 2021 May 27, 2021 Jun 30, 2021 $1.50 18.63%
4 Dec 11, 2020 Feb 25, 2021 Mar 31, 2021 $1.50 20.83%
5 Jun 15, 2012 Jul 23, 2012 Aug 15, 2012 $0.0700 0%

FAQ

What is the symbol for Arcadium Lithium plc Stock and on which exchange is it traded?
The symbol for Arcadium Lithium plc is ALTM and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Arcadium Lithium plc Stock?
Arcadium Lithium plc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Arcadium Lithium plc Stock?
Arcadium Lithium plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Arcadium Lithium plc Stock.

What's the current price of Arcadium Lithium plc Stock?
As of the end of day on the 2024-03-28, the price of an Arcadium Lithium plc (ALTM) share was $4.31.

What is the 52-week high and low for Arcadium Lithium plc Stock?
The 52-week high for Arcadium Lithium plc Stock is $29.18 and the 52-week low is $3.95.

What is the market capitalization of Arcadium Lithium plc Stock?
As of the 2024-03-28, the market capitalization of Arcadium Lithium plc is 4.76B.

When is the next earnings date for Arcadium Lithium plc ?
The upcoming earnings date for Arcadium Lithium plc is May 07, 2024.
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