| LIT latest price $88.7000 (0.38%) ($88.2580 - $89.5790) on Tue. Oct. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 69 |
Latest Price | $88.7000(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 2% a day on average for past five trading days. |
Weekly Trend | LIT advances 3.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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 -1.105% 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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.3% |
| |
|
|