| LIT latest price $71.4500 (1.23%) ($70.6600 - $71.5700) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 70 |
Latest Price | $71.4500(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.4% a day on average for past five trading days. |
Weekly Trend | LIT advances 2.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(85%) IDRV(76%) DRIV(73%) EEM(73%) IWO(67%) |
Factors Impacting LIT price | LIT will decline at least -1.21% in a week (0% probabilities). VIXM(-36%) UUP(-25%) VXX(-14%) IGOV(-2%) TBT(-1%) |
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 | -1.21% (StdDev 2.42%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0% |
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