| LIT latest price $49.4100 (2.36%) ($48.4600 - $49.4200) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 56 |
Latest Price | $49.4100(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.8% a day on average for past five trading days. |
Weekly Trend | LIT advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(95%) DRIV(83%) IDRV(83%) ARKG(80%) XRT(76%) |
Factors Impacting LIT price | LIT will decline at least -0.845% in a week (0% probabilities). VXX(-24%) UUP(-23%) VIXM(-17%) TBT(-13%) BNDX(-9%) |
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 | -0.845% (StdDev 1.69%) |
Hourly BBV | 0.1 () |
Intraday Trend | 2% |
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