| LIT latest price $31.3300 (-1.69%) ($31.1600 - $31.7600) on Wed. Jun. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.84% (three month average) |
RSI | 57 |
Latest Price | $31.3300(-1.69%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.4% a day on average for past five trading days. |
Weekly Trend | LIT declines -0.5% 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(84%) IDRV(74%) EEM(71%) IWO(64%) FIVG(62%) |
Factors Impacting LIT price | LIT will decline at least -1.42% in a week (0% probabilities). VIXM(-33%) UUP(-26%) VXX(-14%) TLT(-2%) IYT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.42% (StdDev 2.84%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|