| LIT latest price $35.6000 (-0.17%) ($35.4100 - $36.1400) on Thu. Jul. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 86 |
Latest Price | $35.6000(-0.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 2.2% a day on average for past five trading days. |
Weekly Trend | LIT advances 5.5% a week on average for past two weeks. |
Market Behavior | Value stocks 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(63%) |
Factors Impacting LIT price | LIT will decline at least -1.225% in a week (0% probabilities). VIXM(-34%) 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 | -1.225% (StdDev 2.45%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
| |
|
|