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Global X Lithium & Battery Tech ETF (LIT) – sideways & breakout history

NYSE

Global X Lithium & Battery Tech ETF has been moving sideways between $39.26 and $52.23 since 7 Jul 2024.

Since 2019, NasdaqScan has found 3 sideways ranges in LIT. Completed ranges lasted 966 days on average, from 735 to 1197 days. Of those 2, 1 broke upward and 1 broke downward. The current range is 33% wide from low to high. NasdaqScan detected one breakout pattern in Global X Lithium & Battery Tech ETF, on 8 Sept 2024 after 259 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$39.26 – $52.237 Jul 2024Still sideways—8 Sept 2024 (Go ahead)
$65.61 – $96.8424 Jul 202228 Jul 2024 (735 days)Broke below the range at $41.58—
$25.72 – $32.499 Jun 201918 Sept 2022 (1197 days)Broke above the range at $82.1737—

Breakout patterns detected

  • 8 Sept 2024: breakout from a sideways range after 259 days (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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