| LIT latest price $38.2500 (1.89%) ($37.9500 - $38.3700) on Wed. Aug. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 70 |
Latest Price | $38.2500(1.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 1.3% a day on average for past five trading days. |
Weekly Trend | LIT advances 1.4% 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(74%) EEM(71%) IWO(65%) FIVG(63%) |
Factors Impacting LIT price | LIT will decline at least -1.16% in a week (0% probabilities). VIXM(-35%) UUP(-26%) VXX(-14%) IGOV(-4%) IYT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.16% (StdDev 2.32%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
| |
|
|