| LIT latest price $49.6400 (2.8%) ($48.6300 - $49.9800) on Thu. Dec. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 52 |
Latest Price | $49.6400(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.7% a day on average for past five trading days. |
Weekly Trend | LIT advances 0.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) ARKG(86%) IWM(83%) REMX(94%) JETS(85%) DRIV(88%) |
Factors Impacting LIT price | LIT will decline at least -0.895% in a week (0% probabilities). VIXM(-23%) VXX(-22%) UUP(-12%) TBT(-3%) BND(11%) |
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 | -0.895% (StdDev 1.79%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.1% |
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