While this happened, HSBC Securities upgraded its Lithium Argentina AG [LAR] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who increased its forecast for the stock in late March from “a Sector perform” to “a Sector outperform”. Deutsche Bank also remained covering LAR and has decreased its forecast on January 11, 2024 with a “Hold” recommendation from previously “Buy” rating. Canaccord Genuity revised its rating on October 31, 2023. It rated LAR as “a Buy” which previously was an “a Speculative buy”.
Price Performance Review of LAR
On Tuesday, Lithium Argentina AG [NYSE:LAR] saw its stock fall -0.94% to $2.10. Over the last five days, the stock has gained 3.96%. Lithium Argentina AG shares have fallen nearly -19.85% since the year began. Nevertheless, the stocks have fallen -57.06% over the past one year. While a 52-week high of $5.60 was reached on 01/07/25, a 52-week low of $1.73 was recorded on 04/09/25. SMA at 50 days reached $2.20, while 200 days put it at $2.76.
Levels Of Support And Resistance For LAR Stock
The 24-hour chart illustrates a support level at 2.08, which if violated will result in even more drops to 2.05. On the upside, there is a resistance level at 2.14. A further resistance level may holdings at 2.17. The Relative Strength Index (RSI) on the 14-day chart is 49.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.28%. Stochastics %K at 81.56% indicates the stock is a selling.
How much short interest is there in Lithium Argentina AG?
A steep rise in short interest was recorded in Lithium Argentina AG stocks on 2025-04-15, dropping by -0.94 million shares to a total of 8.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 9.85 million shares. There was a decline of -10.53%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 18, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $11 price target.
