ΣL Lithium Composite - 25th April 2024 | @ 82 Days | + 14.32%

Last trade: + 14.32% | 'B' class signal in Sigma-L lithium composite (ALB, PLL, LAC, SQM, LIT). Running at an average wavelength of 82 days since March 2022 from 8 iterations. Currently troughing.

ΣL Cycle Summary

Lithium bulls may well be somewhat pleased by the relatively flat decline evident in this sector. Clearly the longer downtrend is beginning to ease, making the next trough of this excellent component an important one for those looking to profit on the upside. Within the overall flat downward move Piedmont was the weakest in the composite, the more generalised Global X Lithium and Battery Tech produced a milder move down.

Trade Update

Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous report for this instrument, linked below.

Type: Sell - ΣL Lithium Composite 7th March 2024
Entry: 7th March 2024
Exit: 24th April 2024

For a composite analysis, each constituent’s respective gain over the period is displayed, in descending order. The average of the constituent gain is also shown.

Constituent Gain:
PLL (25.00%)
LAC (20.47%)
SQM (9.7%)
ALB( 9.01%)
LIT (7.44%)

Composite Average Gain:
14.32%

Before and After

Signal comparison between our last report and the current time, in chart format.

Time Frequency Analysis

Time frequency charts (learn more) below will typically show the cycle of interest against price, the bandpass output alone and the bandwidth of the component in the time frequency heatmap, framed in white. If a second chart is displayed it will usually show high-passed price with the extracted signal overlaid for visual clarity.