| LIT latest price $40.5500 (0.67%) ($40.0000 - $40.7000) on Thu. Sep. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 56 |
Latest Price | $40.5500(0.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 1.9% a day on average for past five trading days. |
Market Behavior | Broad based 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(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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.995% (StdDev 1.99%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|