ΣL Lithium Composite - 7th March 2024 | @ 81 Days

'B' class signal in Sigma-L lithium composite (ALB, PLL, LAC, SQM, LIT). Running at an average wavelength of 81 days since March 2022 from 8 iterations. Currently peaking.

ΣL Cycle Summary

A new addition to Sigma-L, the lithium market has attracted some attention recently due to it’s widespread use in battery technology and so forth. Within our composite are some of the most important names in the sector and therefore will most likely reflect any periodic drivers present in the underlying asset. A quite beautiful periodic component around 80 days is easily discerned and is presently in the process of peaking, more details below. Our composite consists of: Albemarle Corp., Piedmont Lithium Ltd, Lithium Americas Corp, Sociedad Quimica and Global X Lithium and Battery Tech ETF.

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.