| LIT latest price $31.3300 (1%) ($31.2600 - $31.7800) on Fri. Jun. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 63 |
Latest Price | $31.3300(1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.5% a day on average for past five trading days. |
Weekly Trend | LIT advances 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(84%) IDRV(74%) EEM(71%) IWO(64%) FIVG(63%) |
Factors Impacting LIT price | LIT will decline at least -1.695% in a week (0% probabilities). VIXM(-35%) UUP(-26%) VXX(-15%) TLT(-3%) IYT(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.695% (StdDev 3.39%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|