| LIT latest price $37.1300 (-0.08%) ($36.8300 - $37.2400) on Wed. Jul. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 91 |
Latest Price | $37.1300(-0.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.8% a day on average for past five trading days. |
Weekly Trend | LIT advances 8.2% 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(74%) EEM(71%) IWO(64%) FIVG(63%) |
Factors Impacting LIT price | LIT will decline at least -1.2% 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 | -1.2% (StdDev 2.4%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
| |
|
|