| LIT latest price $48.5500 (-1%) ($48.3900 - $49.1700) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 44 |
Latest Price | $48.5500(-1%) |
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. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(93%) IVW(91%) IDRV(83%) DRIV(80%) SPY(79%) |
Factors Impacting LIT price | LIT will decline at least -0.775% in a week (0% probabilities). UUP(-26%) VXX(-18%) 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 | -1 () |
Intraday Trend | -0.5% |
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