| LIT latest price $60.9600 (0.41%) ($60.6700 - $61.1000) on Mon. May. 8, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 37 |
Latest Price | $60.9600(0.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.6% a day on average for past five trading days. |
Weekly Trend | LIT declines -1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(90%) IDRV(87%) EEM(75%) VWO(75%) VT(73%) |
Factors Impacting LIT price | LIT will decline at least -0.815% in a week (0% probabilities). VXX(-46%) VIXM(-46%) UUP(-27%) TBT(-19%) IGOV(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.815% (StdDev 1.63%) |
Hourly BBV | 1 () |
Intraday Trend | -0.1% |
| |
|
|