| LIT latest price $38.1600 (-0.39%) ($37.9200 - $38.2850) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 63 |
Latest Price | $38.1600(-0.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 1.2% a day on average for past five trading days. |
Weekly Trend | LIT advances 2.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -1.155% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.155% (StdDev 2.31%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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