| LIT latest price $21.7600 (1.97%) ($21.1800 - $21.7700) on Mon. Mar. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.33% (three month average) |
RSI | 38 |
Latest Price | $21.7600(1.97%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 3.4% a day on average for past five trading days. |
Weekly Trend | LIT declines -3.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(84%) IDRV(77%) EEM(74%) IWO(68%) EWY(66%) |
Factors Impacting LIT price | LIT will decline at least -2.165% in a week (0% probabilities). VIXM(-37%) UUP(-28%) VXX(-16%) TLT(-8%) SHY(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.165% (StdDev 4.33%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
| |
|
|