$LIT: EV's Lithium-Powered ETF – Charging Up or Running on EmptyAMEX:LIT : EV's Lithium-Powered ETF – Charging Up or Running on Empty?
EV demand is up 35% in 2023, and lithium prices are up 8% in 2025 so far. But AMEX:LIT is at $40.82, down from last year. Is it time to buy, hold, or sell? Let's dive in.
(1/9)
Good morning, everyone! ☀️EV demand is up 35% i
Key stats
About Global X Lithium & Battery Tech ETF
Home page
Inception date
Jul 22, 2010
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
LIT tracks a market-cap-weighted index of 20-40 companies involved in the global mining and exploration of lithium, or in lithium battery production. While the plain-vanilla fund gives broad exposure to the lithium industry, it manages to offer targeted, concentrated exposure with a micro-cap tilt. LIT is an excellent fit for investors looking for niche lithium exposure as an ETF. The index is reconstituted and rebalanced on an annual basis.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Process Industries
Consumer Durables
Stock breakdown by region
Spring in formation, capitulate quickly and then reverseBeen on a downtrend for almost 3 yrs.
Just broke the support trend line which will shake out and cause max pain to remaining retailers.
RSI heading towards oversold on Weekly.
Should reverse in a month or so. We are looking for lots of volume at the bottom and quick rally back up.
Watch for positi
LIT ETF updateStill in the Red for this ETF, a little disappointing since Electric vehicles will need lots of lithium. I will want to buy more at later stage when I see an uptick of sales of EV globally.The adoption rate is not as high as many expected with infrastructure, conversion, batteries, etc issues still
LIT Long Term OutlookBulls appear to be holding on and pushing through the TREND LINE OF PAIN. Price has been holding up steady to the famous 50 yard line. Some of you might be using shorter EMA's and that's okay. Long term outlook suggests we may come across the 200 EMA line sooner than later.
This trend line has been
Looking for double bottom, then breakout of long term resistanceAnother drop back to 0.236 support. RSI oversold at this stage on Weekly.
Double bottom expected then side ways movement to long term resistance trend line, consolidate around breakout zone then breakout of a long term bear market for Lithium.
I would start building lithium positions when it hits
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.