| LIT latest price $40.2800 (-0.4%) ($40.2100 - $40.5900) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 57 |
Latest Price | $40.2800(-0.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 1.5% a day on average for past five trading days. |
Weekly Trend | LIT declines -0.7% 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 -0.995% in a week (0% probabilities). VIXM(-35%) UUP(-26%) VXX(-14%) IGOV(-7%) EDOC(-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 | -0.995% (StdDev 1.99%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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