| LIT latest price $70.5300 (-0.27%) ($69.5850 - $71.6700) on Wed. Feb. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 46 |
Latest Price | $70.5300(-0.27%) |
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 declines -1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(85%) IDRV(76%) EEM(73%) DRIV(72%) IWO(67%) |
Factors Impacting LIT price | LIT will decline at least -1.2% in a week (0% probabilities). VIXM(-35%) UUP(-25%) VXX(-13%) IGOV(-2%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.2% (StdDev 2.4%) |
Hourly BBV | 0.7 () |
Intraday Trend | -1.5% |
| |
|
|