| LIT latest price $85.8400 (1.31%) ($85.6510 - $86.2400) on Fri. Oct. 15, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 54 |
Latest Price | $85.8400(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 1.4% a day on average for past five trading days. |
Weekly Trend | LIT advances 1.3% 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(87%) IDRV(79%) DRIV(75%) EEM(75%) IWO(69%) |
Factors Impacting LIT price | LIT will decline at least -1.12% in a week (0% probabilities). VIXM(-33%) UUP(-25%) VXX(-11%) TLT(-1%) TBT(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.12% (StdDev 2.24%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.1% |
| |
|
|