| LIT latest price $49.0400 (-1.33%) ($48.4000 - $49.1700) on Tue. Nov. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 38 |
Latest Price | $49.0400(-1.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.5% a day on average for past five trading days. |
Weekly Trend | LIT declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(93%) IDRV(83%) DRIV(80%) XRT(76%) ARKG(74%) |
Factors Impacting LIT price | LIT will decline at least -0.775% in a week (0% probabilities). UUP(-26%) VXX(-17%) VIXM(-12%) TBT(-11%) BNDX(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.775% (StdDev 1.55%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0.8% |
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