| LIT latest price $22.8700 (3.02%) ($22.2600 - $23.0400) on Wed. Apr. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 67 |
Latest Price | $22.8700(3.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 2.3% a day on average for past five trading days. |
Weekly Trend | LIT advances 4% 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(76%) EEM(73%) IWO(67%) FIVG(65%) |
Factors Impacting LIT price | LIT will decline at least -2.245% in a week (0% probabilities). VIXM(-39%) UUP(-27%) VXX(-17%) TLT(-6%) SHY(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.245% (StdDev 4.49%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
| |
|
|