| LIT latest price $71.6900 (0.72%) ($70.7700 - $71.7900) on Fri. Feb. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 47 |
Latest Price | $71.6900(0.72%) |
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 1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -1.195% 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 | -1.195% (StdDev 2.39%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.7% |
| |
|
|