| LIT latest price $29.4100 (-1.7%) ($29.2800 - $29.8800) on Thu. Mar. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 37 |
Latest Price | $29.4100(-1.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.7% a day on average for past five trading days. |
Weekly Trend | LIT declines -5.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(85%) IDRV(79%) EEM(76%) IWO(71%) EWY(70%) |
Factors Impacting LIT price | LIT will decline at least -1.115% in a week (0% probabilities). VIXM(-45%) VXX(-21%) UUP(-19%) TLT(-13%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.115% (StdDev 2.23%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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